May 2024

2024 CIRT Index: Second Quarter

The second quarter 2024 CIRT Sentiment Index shows continued and improving optimism. The overall index score rose to 67.0 from 64.9 in the first quarter. The second quarter Design Index retreated somewhat, falling to 71.1 from 74.3 This quarter, members were asked questions regarding their firms’ adoption of a companywide health and wellness culture as well as their top priorities for managing talent in 2024.

Key Findings Include:

More than 9 out of 10 members report at least partially embracing a holistic health and wellness approach companywide.
60% of responding members report that mental health issues have increased since the COVID pandemic.
Pay raises in 2024 for approximately two-thirds of members will be in line with 2023 levels.

Key Factors in Planning Your Business’s Capital Expenditures

When it comes to making capital outlays for equipment or for acquisitions, it is essential for construction industry leaders to evaluate how these expenditures align with their overall business […]

Mike Clancy

Strategy, Strategic Planning Read More

2024 North American Engineering and Construction Outlook: Fourth Quarter

Discover sector-specific insights and forecasts to help you plan for the fourth quarter and beyond in our latest Outlook report.

Jacob McCann Brian Strawberry Jay Bowman Emily Beardall

Strategy, Strategic Planning, Go-To-Market Read More

What Top Leaders Say About Five Common Strategy Mistakes

When it comes to planning, it is easy for construction leaders to focus on a few areas of their companies’ operations. Companies instead need to holistically understand the context of the business […]

Mike Clancy

Strategy, Strategic Planning Read More

Why Internal Alignment Is Key for Building Products Manufacturers

Companies that are reactive rather than proactive in aligning their operations across departments often fall behind competitors, especially when faced with nontraditional entrants offering innovative […]

Paul Trombitas Cynthia Paul