The CPA State of Trade Survey reports the results of the Association’s quarterly survey of construction products manufacturers, providing a timely assessment of current and expected conditions in the sector
Construction product manufacturing ended 2024 on a stronger footing than it started, with sales growth reported by both the heavy side and light side during Q4. Moreover, the heavy side reported its first annual growth in sales since 2022 Q3, although growth in Q4 was largely expected, due in large part to the base effects of comparing with 2023 Q4 – the nadir of the downturn in house building and repair, maintenance and improvement (RM&I).