2022 Marcum National Construction Survey

POLITICAL PRIORITIES

Unsurprisingly, material price volatility remained the top political issue for construction company executives, followed by healthcare and insurance costs, which mirrors the prior year. Workers’ compensation issues jumped to number three, edging out income taxes. This change could be geographically driven, as certain regions like New York City have particularly onerous workers’ compensation regulations. Taxes have been a top three or four pick for every year of the survey, with one executive saying, “Our greatest challenge is to manage our profit with optimum tax savings.” Marcum has deep expertise in tax advisory services and can help ameliorate tax challenges.

Our greatest challenge is to manage our profit with optimum tax savings.” – SURVEY RESPONDENT

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