Though scores remain near historical highs, fourth quarter CIRT results indicate the first signs of softness in sentiment in more than a year. The Sentiment Index fell slightly to 74.9 from a high of 79.7 last quarter. The Design Index followed trend, declining to 83.4 from its prior high of 86.8.
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The third quarter 2021 CIRT Sentiment Index rose to 79.7 from 79.1 last quarter and the Design Index climbed to 86.8 from 83.9. In our third quarter report we also delve into what executives are thinking about project disruptions, pricing, cybersecurity and other issues.
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The second quarter 2021 CIRT Sentiment Index rose to the highest on record, gaining 43%. The Design Index showed similar gains, up 29% from the first quarter. Learn more about what executives in the top engineering, construction and design firms are thinking in our latest survey of CIRT members.
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Discover insights from executives in the top engineering, construction and architectural firms in our first quarter 2021 CIRT Sentiment Index. We’ve polled CIRT members on economic predictions, hiring goals for the new year and regulatory concerns.
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Results from the fourth quarter 2020 survey show a continued return to confidence, seen in both the Sentiment Index and in the Design Index.
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The third quarter of 2020 experienced a return of optimism in both the overall Sentiment Index and in the Design Index segment when compared with last quarter’s results.
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The second quarter of 2020 survey results suffered a significant tumble in both the CIRT Sentiment Index and the Design Index.
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The CIRT Sentiment Index seeks to provide timely, authoritative, and forward looking insights into complex design and construction markets as well as a view on the direction of the overall U.S. economy.
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The CIRT Sentiment Index showed a pronounced decrease in the fourth quarter of 2019 showed a pronounced decrease in the CIRT Sentiment Index, falling from 64.9 to 57.6, whereas the Design Index reflected a less dramatic loss, from 63.2 to 60.9. The downward trend in the scores represents the elusiveness of the market leading into 2020.
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The third quarter 2019 CIRT Sentiment Index indicated a slight decrease versus a more significant downturn in the Design Index when compared with the second quarter.
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