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About the Index
Welcome to the Trimble Viewpoint Quarterly Construction Metrics Index: Q2 2023,
which highlights construction project statistics, contract values, hiring metrics,
and cash flows metrics.
Additionally, look for a new statistic—copper prices—which is pulled from Trimble's
Construction Supply Chain group, which provides materials databases to help
contractors find the best prices based on real-time product data. The price of copper
may be considered a bellwether of materials costs in general; read on for more details.
The Construction Metrics Index is pulled from Trimble Viewpoint customer data
and Trimble Construction Supply Chain data, inputted during the second quarter
of 2023. It has been anonymized and aggregated to protect customer identities.
The stats have been analyzed and compared to data from the second quarter
of 2022 for a high-level view of overall performance. The index is designed to give
industry leaders early insights into the construction business landscape, so that
they can assess how their own companies are tracking against industry averages.
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Construction Activity Index - Q2 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.