ENR’s Construction Industry Confidence Index rose six points between Q4 2024 and Q1 2025 to a rating of 61. That is the index’s highest rating since Q1 2022. However, it is down three points in comparison with last quarter’s post-election confidence rating.
The confidence index measures executive sentiment about where the current market will be in the next 3-6 months and over a 12- to 18-month period, on a 0-100 scale. A rating above 50 shows a growing market. The measure is based on responses by U.S. executives of leading general contractors, subcontractors and design firms on ENR’s top lists to surveys sent between Jan. 13 and Feb. 17.