Marcum Commercial Construction Index

Second Quarter Construction Update: The Good, (The Strictly Okay), The Bad, and The Ugly
Issue 48 - Second Quarter 2024

The construction industry held up remarkably well through the second quarter of 2024, yet cracks are beginning to surface under the weight of high interest rates and ongoing labor shortages. Much of the industry’s momentum is concentrated in federally funded or federally incentivized segments like infrastructure and manufacturing, and other primarily privately financed segments have struggled in recent months.