Heavy
Highway
and Civil
Contractors
• New projects decreased 53% in Q1 2023
compared to Q1 of 2022.
• Contract values decreased 55% compared
to Q1 of 2022
• Hiring increased 4.3% compared to Q1 of 2022.
• Cash flow increased 85% compared to Q1 of 2022.
Key Takeaways by Vertical
14
Construction Activity Index - Q1 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.
