The Construction Products Association’s State of Trade Survey for 2020 Q3 is now available. Key survey findings include:
- 33% of heavy side firms and 48% of light side firms reported that construction products sales rose in Q3 compared with the previous quarter, improving from the weakest balances in nearly 12 years.
- On balance, 56% of both heavy side and light side manufacturers anticipated a rise in sales over the next three months.
- Half of heavy side firms anticipated a decline sales over the next 12 months, according to a balance of 24%