Insight

Q1 2024 | Market Report

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Q1 2024 INSIGHTS ON INDUSTRY PRICING, LEAD TIMES + MARKET STATUS

Click through our latest report below, which explores the landscape of the Mid-Atlantic market and highlights the pricing trends, supply chain issues, and significant industry shifts rounding out the first quarter of 2024. 

Key takeaways looking back on the 1st quarter:

  • 2025 forecasts show escalation trending toward historical averages of 4% to 6% per year.
  • Trade partner pricing has seen an average increase of 4.7% over the past three months.
  • The Dodge Momentum Index, a benchmark measuring nonresidential construction planning, tumbled 8.6% in March 2024 - the biggest drop of the year so far.

Swipe to see the full report!