Fall 2024
Sentiment in the construction sector appears to range from neutral to positive. While most countries are experiencing decreasing inflation and lower interest rates, many headwinds remain.
Construction costs are increasing more slowly as commodities and energy prices remain subdued. However, labor constraint remains a pain point in the sector.
Uncertainty abounds, and geopolitical tensions continue to pose risks to the global supply chain and construction projects globally.
The Construction Insights – Fall 2024 report provides insights into the key factors that influence the construction sector in 2024, empowering you to make informed decisions for your organization throughout the year.
Key Trends and Challenges:
- Rising geopolitical tensions are increasing stress in global supply chains, leading to upward pressure on costs across regions.
- Companies continue to be concerned about the availability of labor, particularly skilled labor.
- Construction pipelines for industrial and office construction have fallen from peak levels, but regional differences exist.
Download the full report to stay informed on the dynamics influencing the construction industry in 2024.