10
• Cash flow across the industry
increased 6.7% compared to Q2 of 2022.
• Cash flow for general contractors
increased 14% compared to Q2 of 2022.
• Cash flow for specialty contractors
increased 4.5% compared to Q2 of 2022.
• Cash flow for heavy highway and civil
contractors decreased 9% compared
to Q2 of 2022.
Potential Impact
An increase in cash flow means that contractors are not spending money, which correlates
with the fact that projects and contract values were also down this quarter. General
contractors and specialty contractors held on to the most cash, while heavy highway and
civil contractors spent more cash as compared to the same time period last year.
These stats mirror the earlier trends that show that most verticals are experiencing harder
business environments, particularly general contractors. However, a decrease in cash flow
for heavy highway and civil contractors is surprising, perhaps indicating that some of them
are finally starting to receive more money from the Infrastructure Investment and Jobs Act
to spend on large infrastructure projects.
Cash Flow
Trends
Construction Metric Index
Cash flow across the
industry increased 6.7%
year-over-year
6.7%
Construction Activity Index - Q2 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.
