Marcum Commercial Construction Index: Issue 40 - Second Quarter 2022

Marcum Commercial Construction Index

Second Quarter Construction Update: The Good, the Bad, and the Ugly
Issue 40 - Second Quarter 2022

The Marcum Commercial Construction Index for the second quarter of 2022 reports that the construction industry continues to face rising costs and shortages of both labor and materials, but now also must contend with a weakening economy and elevated borrowing costs.

Notably, the residential sector has weakened significantly, while the outlook remains dicey for the nonresidential sector.