Each quarter, the Quarterly Construction Metrics Index is the first to reveal some of the most noteworthy statistics and insights from Q3 & Q4 of 2021.
Projects increased a healthy 2% in 2021; but contract values were down 17% across the industry, reflecting the smaller nature of projects
The index includes real-time, anonymized data from over 1000 Viewpoint customers to help you benchmark your organization against the industry and understand the changing construction landscape.
Overall hiring is projected to increase by 10% in Q1 2022, largely influenced by the Infrastructure Investment and Jobs Act.
2021 was supposed to be a year of recovery, but it was plagued by new COVID variants, fluctuating material costs, supply chain issues, and record inflation. However, survey data from Viewpoint customers points to an optimistic outlook going into 2022.
What do you think?
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