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US Q4 Construction Overview Report 2023

Our fourth quarter report on the United States construction industry shares good news for mechanical and electrical equipment lead times. Average lead times have decreased around 25% compared to what we saw at this time last year.

This is welcome news indicating the industry’s battle with historically high lead times could be coming to an end. Looking to 2024 we expect this trend of softening lead times to continue, but not decrease to pre-pandemic times.

We are also looking forward to an uptick in aviation construction activity thanks to increased investment over the coming years. Download the report

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