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2024 Mid-Year Market Update and Construction Input Pricing Report

Despite challenges, the U.S. construction industry has shown resilience in 2024, with moderate input prices, stabilized supply chains, and continued growth in spending. Looking ahead, the industry remains cautiously optimistic as it navigates global disruptions and shifting sector demands. This mid-year report provides a view of how macro and micro measures perform compared to predictions. These indicators provide a look forward to how the rest of 2024 is shaping up. 

HITT Contracting’s experts carefully monitor the impacts of these volatile conditions on our economy and our access to supplies, materials pricing, and schedules. Equipping you with these insights is our dedicated research and development (R&D) team, which has gathered relevant data and information to provide you with a deep dive into the current state of the economy and supply chain.

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