In the second quarter of 2024, CIRT members continued to be optimistic with the overall Sentiment Index rising. They also answered questions about talent strategies, compensation and other business priorities.
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This quarter's current event questions are around labor issues and compensation plans for 2024. Discover other insights around current events as well as the overall outlook for civil infrastructure in this quarter's report.
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Leverage people, processes and infrastructure to position your company for success in the alternative procurement space.
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Transitioning to an employee stock ownership plan (ESOP) means a period of big change for a company. It’s also the best time to rethink the company board. In this paper we provide best practices that company leaders can take to build an effective ESOP board and ensure a successful transition.
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Thinking about the first quarter of 2024, CIRT members recorded much stronger optimism across index components. The overall index score rose to 64.9 from 58.9 in the fourth quarter of 2023. The Design Index also increased sharply to 74.3 from 62.7.
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Civil Infrastructure Construction Index measures industry sentiment about the economy, where companies operate, as well as questions about current issues around alternative procurement, hiring plans and market risks. Download your copy for the full details.
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Spending on utility and communications infrastructure is gaining momentum and is expected to grow over the coming year. This investment is fueled by demographic trends, new regulation and billions of dollars in federal and state spending. Learn key insights around power distribution, water and wastewater, telecommunications construction, and natural gas transmissions in our latest report.
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Looking ahead, operating dynamics should support a strong mergers and acquisitions market for construction materials companies. Factors like guaranteed federal funding, pricing power, cost mitigation strategies and stable end markets all point to continued solid performance.
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Understanding how top E&C executives view the outlook for construction and design can offer critical planning insights in 2024. Both the CIRT Sentiment and Design Indices fell in the fourth quarter, indicating top CEOs are tempering their outlooks for the near future.
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The way companies transition leadership at the executive level remains a critical indicator of future success and business stability.
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