Executive compensation has been rising steadily since the pandemic, reaching a high-water mark in 2023. However, a cooldown in several market sectors could result in comp increases receding in the coming years.
For the first time since Q1 of 2022, construction industry executives report a stable and slightly growing market on ENR’s Construction Industry Confidence Index (CICI) survey.
While shopping around for a used piece of construction equipment through the usual channels has taken some creative sourcing in recent years, this summer has seen prices stabilize for the most part.
As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.