Items Tagged with 'sage'

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Construction Firms Have Mixed 2024 Outlook, Expecting Positive Demand Amid Issues

New industry outlook shows firms are counting on public sector, data center and manufacturing construction to offset declines in retail, lodging and office work; two-thirds of firms plan to hire but many worry about inflation
January 6, 2024
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Construction contractors have a decidedly mixed outlook for 2024, as firms predict transitions in demand for projects, the types of challenges they will face and the technologies, including artificial intelligence, they will embrace, according to survey results the Associated General Contractors of America and Sage released Jan. 4.


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Construction Firms Look to Public Sector Demand as Outlook for Private-Sector Projects Dims In 2023

New industry outlook survey shows contractors expect infrastructure and other public-sector funding will help as growth slows for many types of private construction, but labor shortages and supply chain issues persist
January 15, 2023
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Construction contractors are less optimistic about many private-sector segments than they were a year ago, but their expectations for the public sector market have remained relatively bullish, according to survey results released Jan. 4 by the Associated General Contractors of America and Sage. The findings are detailed in High Hopes for Public Sector Funding Amid Workforce and Supply Chain Challenges: The 2023 Construction Hiring & Business Outlook.


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