2024 Construction Industry Report
Understanding 2024 Market Outlook and Technology Trends
2024 Industry Report Key Findings:
What this Report Will Give You
Understand general contractor optimism for 2024 related to project starts and project delays.
Learn about key challenges that peers face with subcontractor management, and how they overcome.
Discover where automation has been implemented for maximum benefit.
This report goes into detail on market outlook from project starts and delays in 2023 and what’s forecasted in 2024. In addition, you’ll learn about subcontractor challenges and software solutions being implemented to help automate project finance management.
63% of general contractors believe 2024 will not provide less project starts than 2023.
54% of general contractors saw more change orders produced from subcontractors in 2023 and expect the trend to continue.
75% of general contractors will not be adding new software to their technology portfolio until they begin consolidating applications.