ENR 2023 1Q Cost Report

Recession fears continue to loom as the first quarter comes to a close. Inflation remains an ongoing issue, while recent failures in the banking sector pose additional threats. The first quarterly cost report takes a closer look at these issues alongside the general economic outlook, equipment prices, executive compensation, and understanding ENR’s indexes and the methodology behind them. In the quarterly confidence index, survey data shows that while confidence has risen since the fourth quarter of last year, executives remain cautious.