Specialty
Contractors
• New projects decreased 14% in Q1 2023
compared to Q1 of 2022.
• Contract values decreased 28% compared
to Q1 of 2022
• Hiring increased 3.2% compared to Q1 of 2022.
• Cash flow decreased 50% compared to Q1 of 2022.
Key Takeaways by Vertical
13
Construction Activity Index - Q1 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.
