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.
The Construction Products Association’s latest State of Trade Survey for 2023 Q3 showed a fall in construction product sales on both the heavy side and light side, marking the weakest performance since the pandemic. This was the fifth consecutive quarter of decline for heavy side manufacturers and the first fall in light side sales since 2020 Q2. As overall cost pressures continued to ease during the quarter, the strength of demand stands as the top concern for manufacturers over the next 12 months.