2022 CIRT Sentiment Index: Third Quarter
The third quarter 2022 Construction Industry Round Table (CIRT) Sentiment and Design Index scores fell dramatically from last quarter, representing the fourth consecutive decline from highs set in 2021. The Federal Reserve’s aggressive rate hikes and scheduled quantitative tightening has both business investment declining and consumer spending weakening, resulting in volatility and uncertainty in markets.
Discover insights on current topics, such as expectations for a recession, supply chain impact and more in our third quarter 2022 CIRT Sentiment Index.
