2022 Marcum Northeast Ohio Construction Survey

6. In the next 3 years outside outside of your region, do you see your business having: More opportunities outside my region 58% Fewer opportunities outside my region 13% Same amount of opportunities 29%

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

(select all that apply) Cutting operational costs

41% 13% 54% 42% 38% 16% 49% 50% 49%

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)

5%

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

53%

Decreased

11%

Stayed the same

36%

9. In the past year, which of the following have caused job delays or cancellations for your company? Material shortages 22% Labor shortages 8% Both material and labor shortages 59% We did not have delays or cancellations 11% 10. What is the average number of bidders that you are competing against? 1-4 bidders 39% 5-9 bidders 46% 10-15 bidders 12% 16 or more bidders 3%

2022 MARCUM NORTHEAST OHIO CONSTRUCTION SURVEY 38