Gilbane's Construction Market Conditions Report

The latest report from ECA member firm Gilbane Building Company regarding market conditions affecting the construction industry has just been released.
 
Three takeaways from the report include:

• Growth in the multifamily, lodging, commercial, manufacturing, and infrastructure sectors bolster spending in 2023.
• Global logistics improve as supply obstacles are alleviated with declining backlogs and delivery times growing shorter.
• Material cost conditions have eased, though continued shortages of labor and some key materials persist.

 
Click here to read the latest report.