2022 Marcum National Construction Survey

INPUTS TO CONSTRUCTION Exhibit 3. Inputs to Construction, Y-o-Y % Change, April 2011 – April 2022

25.0%

APRIL 2021: 23.7%

20.0%

15.0%

10.0%

5.0%

0.0%

-5.0%

-10.0%

APR 11

SEP 11

FEB 12

JUL 12

DEC 12

MAY 13

OCT 13

MAR 14

AUG 14

JAN 15

JUN 15

NOV 15

APR 16

SEP 16

FEB 17

JUL 17

DEC 17

MAY 18

OCT 18

MAR 19

AUG 19

JAN 20

JUN 20

NOV 20

APR 21

SEP21

FEB 21

Source: U.S. Bureau of Labor Statistics

of respondents indicated that the average number of competing bids for a project was between one to four in 2020 56%

of respondents expect business to expand over the next three years 60%

2022 MARCUM NATIONAL CONSTRUCTION SURVEY 28