The recent publication of the CPA’s State of Trade Survey Q4 2023 revealed a continued decrease in construction product sales for manufacturers in the previous year. This marks the sixth consecutive quarter of decline for heavy side manufacturers and the second decrease for those on the light side. Looking ahead, manufacturers predict a further decline in sales over the next 12 months, expressing worries about the anticipated weak demand in 2024.
CPA State of Trade Survey Q4 2023: declining demand impacts sales of construction product manufacturers
