The CIRT Sentiment Index shows strong optimism going into the first quarter of 2024. The overall index score rose to 64.9 from 58.9 in the fourth quarter of 2023. The Design Index also increased sharply to 74.3 from 62.7. CIRT members recorded much stronger optimism across index components, especially with respect to: the U.S. economy, the economy where members operate, members’ construction businesses, and the nonresidential sector. In addition to overall and specific market expectations and trends, the Sentiment Index Report also asks about some current issue of interest, focused on: their backlogs, capacity and hiring goals, women’s participation in their workforces, top risks and adjustments to their strategic plans for 2024.
For valuable details, see the latest CIRT 1stQ/24 Sentiment Index Report.
