Insights on U.S. Construction Spending Trends in the March 2024 Market Intelligence Report

Thursday, 14 March 2024, 15:54
Explore the latest U.S. construction spending trends highlighted in BD+C's March 2024 Market Intelligence Report. Despite a 1.4% increase in January, project teams are grappling with challenges such as inflation, interest rates, and supply chain disruptions. The report provides crucial insights for navigating the current market conditions and making informed decisions.
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Insights on U.S. Construction Spending Trends in the March 2024 Market Intelligence Report

U.S. Construction Spending Trends

U.S. construction spending on buildings-related work witnessed a 1.4% rise in January, according to the latest market report.

Challenges Faced

  • Inflation: Rising costs impacting project budgets.
  • Interest Rates: Factors influencing borrowing and investment decisions.
  • Supply Chain Issues: Disruptions affecting project timelines.

The report offers insights and analysis to help navigate these challenges and optimize project performance.

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