Markets in Focus

Construction Insurance

Q4 2023

Markets in Focus | CONSTRUCTION CONSTRUCTION Q4 2023

The IMA National Construction Group gathers to analyze construction economic data, weaving together insights that could influence risk and insurance strategies for construction firms.

To get a well-rounded picture of the current state of the construction economy, we look at construction spending, labor, and the cost of construction materials, followed by indicators that will give insight into future expectations. Our future state indicators include backlog, construction starts, ConstructConnect’s Project Stress Index and Expansion Index, and the Architectural Billings Index.