Marcum's 2023 Northeast Ohio Construction Survey

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abroad) and the direction of the current administration are threatening future projects.” – SURVEY RESPONDENT “

The uncertainty of the current political and economic climate (domestic and

As The Economy Goes, So Goes Construction

It’s remarkable how similarly the sentiments, problems, and realities of the construction industry track with the overall economy. It has been a year of mixed signals – a banking

crisis quickly tamped down by government intervention, up-and-down gyrations in the public markets, and softening demand juxtaposed with persistent labor shortages to name just a few. The very guarded optimism reflected in the survey this year was largely balanced by the worries and frustration expressed throughout the report. We hope that as the coming year plays out, worries ease and the overall climate in Northeast Ohio construction stays solid.