Yearly Decreases, Quarterly Gains: Highlights from the Q2 2022 Construction Metrics Index
Less Construction Cash Flow…More Projects?
An across-the-board decrease in cash flow—down 50% year over year overall— is another highlight from the Q2 2022 Quarterly Construction Metrics Index. But the decrease is not necessarily a bad thing. The overall decrease in cash flow could mean that contractors are spending their money on projects, a sign of their confidence and perhaps another indication of anticipated market stabilization in the coming months.
As with hiring, construction cash flow varied a lot between verticals. Specialty Subs had 154% more cashflow, while Heavy Highway and Civil were down 61% year over year.
For more insights and information to benchmark your own construction organization against the industry, download a free copy of the Q2 2022 Quarterly Construction Metrics Index today.