CONSTRUCTION DATA & FIGURES

Watch: Top 20 construction companies by Sales 2003-2022

By Neil Gerrard | April 05, 2023

This chart draws on data from International Construction’s Yellow Table, which tracks the top 50 construction OEMs across the world. For viewing clarity, this animation follows the top 15.See chart here.

2023: North American engineering & construction outlook: second quarter

Download the second quarter 2023 edition of FMI’s comprehensive economic assessment for the engineering and construction industry. They offer sector-specific trends and forecasts.

Construction industry poised for savings as producer prices slow

Dodge Construction Network is closely monitoring the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The report indicates that the change in prices for final goods and services decreased slightly over the month. In the 12 months through March, the PPI increased 2.7%, a slower pace than February's reading of 4.9%. This represents the lowest rate of growth since January 2021. This drop was largely driven by falling goods prices, particularly lower energy prices, fresh and dry vegetables, and services.

Q1 2023 Recap: Construction showing signs of resiliency despite likelihood of recession.

Starts values predicted to remain flat amid economic downturn thanks to Chips Act, IIJA and other legislation. Read the entire article here.

The research report shows a considerable number of contractors are expecting an increase in revenue, with more than half of those (62%) attributing this to expecting more work. At the same time, a majority of contractors report a high need for skilled laborers; 72% are experiencing extreme difficulty sourcing the right workers. These contractors are also expecting to experience further attrition due to this lack of staff.