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The Architecture Billings Index, a leading economic indicator for nonresidential construction activity, is available for December 2022. Four in ten firm leaders report seeing an increase in delayed projects at their firm. ....
The Marcum Commercial Construction Index for the fourth quarter of 2021 reports that the construction industry continues to face rising costs and shortages of both labor and materials. Despite general optimism among industry stakeholders, nonresidential construction activity continues to decline in real terms.
The index is produced by Marcum LLP’s National Construction Services group. ....