2024 Civil Infrastructure Construction Index: Fourth Quarter
The fourth quarter Civil Infrastructure Construction Index decreased to 50.2 from 51.2 in the prior quarter. Yet, despite this drop, this is the ninth consecutive quarter in which respondents expected market expansion.
This quarter we asked questions about growth plans and how contractors expected to take advantage of these opportunities, whether focusing on organic growth, mergers and acquisitions (M&A), or expanding into new geographies.
Key findings include:
- 56% of respondents plan to expand or increase existing investments.
- 39% want to invest in new geographies to achieve growth.
- 28% expect to invest in new segments or types of work to expand.