The prestigious leaders representing CIRT indicated that they remained bullish on both the design and construction aspects for the industry going into 2022. Release of the latest Sentiment Index Report for the 1stQtr./2022 saw the measure fall only slightly from its historic highs to 73.2 for overall Construction; with the Design Index subset following suit, declining to 81.5.
In addition to the Index itself, CIRT members were asked to respond to current issues questions focused on backlogs, capacity, hiring goals and the impact of the infrastructure package on business planning, and to identify top risks and/or concerns for 2022. While also focusing on the importance of supply chain disruptions and how they affected the twin issues of delays and cancellations compared to more normal years of design and construction activity. Their responses make for fascinating reading.
Read the full 1stQ 2022 Report here: Construction Industry Round Table (CIRT) - CIRT Sentiment Index