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Construction Activity Index - Q3 & Q4 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.
General
Contractors
• New projects decreased 27% in Q3-Q4 of 2023,
compared to Q3-Q4 2022; they decreased 32% in 2023
as compared to 2022.
• Contract values increased 20% compared to Q3 and
Q4 of 2022; they decreased 25% in 2023 as compared
to 2022.
• Hiring increased 1.5% compared to Q3 and Q4 of
2022; it decreased 1% in 2023 as compared to 2022.
• Cash flow decreased 30% compared to Q3 and Q4 in
2022; it increased 5% in 2023 as compared to 2022.
Key Takeaways by Vertical
