2022 Marcum National Construction Survey

6. In the next 3 years outside outside of your region, do you see your business having: More opportunities outside my region 53% Fewer opportunities outside my region 16% Same amount of opportunities 31%

7. Which of the following actions are among your company’s top priorities?

(select all that apply) Cutting operational costs

37% 21% 43% 36% 40% 23% 38% 46% 42%

Getting into new construction trades

Organizational planning

Managing your material vendors

Restructuring company to position for growth

Seeking M&A opportunities

Seeking new markets Strategic planning

Finding solutions for skilled labor

Other (please specify)

4%

8. Over the past 12 months has the average size job that you bid on: Increased

49%

Decreased

11%

Stayed the same

40%

9. In the past year, which of the following have caused job delays or cancellations for your company? Material shortages 25% Labor shortages 8% Both material and labor shortages 56% We did not have delays or cancellations 11% 10. What is the average number of bidders that you are competing against? 1-4 bidders 38% 5-9 bidders 43% 10-15 bidders 14% 16 or more bidders 5%

2022 MARCUM NATIONAL CONSTRUCTION SURVEY 38

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