U.S. and Canada Construction Outlook
Unveiling vital indicators to gauge industry health and near-term outlook in construction
The construction industry stabilized in 2023 by improving navigation of costs, supply chains, and sector-specific needs. Housing needs, office returns, and federally backed infrastructure and manufacturing are driving a positive industry outlook in the U.S. and Canada for 2024.
However, the industry in the coming year will undergo significant evolution within the complex operating environment. Our forecasts actively examine how prominent drivers shape the 2024 landscape and actively identify key points for achieving project success.
This report examines different aspects of the industry, such as its overall well-being, the state of the labor market, the availability of materials, and the associated costs. Each section investigates the progress made so far and offers valuable perspectives on the future direction of these factors.
+3% - 5%
US |
+4% - 6%
Canada |
+2% - 6%
US |
+3% - 5%
Canada |
+2% - 4%
US |
+3% - 6%
Canada |
