2021 Heavy Civil Construction Index: Fourth Quarter Report
The Heavy Civil Construction Index (HCCI) ended its yearlong streak of upward movement going into the fourth quarter of 2021, retreating from 58.2 to 51.7.
The index remains only slightly above 50 but continues to suggest increased opportunities and industry expansion over the weeks ahead. Index components signal sentiment has declined toward both the broader U.S. economy and local markets where respondents conduct business. Confidence has also declined in their engineering and construction operations.
Respondent sentiment remained positive for nearly all segments. More than 90% of respondents anticipate short-term stable or improving industry conditions in most heavy civil segments except for transit/rail, aviation and other heavy civil construction.
Download the full report for insights into heavy civil sectors.
