AGC’s 2024 Construction Outlook. Infrastructure is Bright but Office-Geddon is Not

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Attorney Garret Murai discusses the AGC's 2024 Construction Outlook.

February 12, 2024
Garret Murai - California Construction Law Blog

The Associated General Contractors of America has issued its 2024 Construction Outlook. According to its survey of construction contractors throughout the United States, contractors have a mixed outlook for 2024 with firms predicting transitions in the demand for projects, the types of challenges they will face and technologies they plan on embracing. According to the survey, contractors continue to cope with significant labor shortages, the impact of higher interest rates and input costs and a supply chain which, while better than in past few years, is still far from normal.

Of the 17 categories of construction types included in the survey, respondents expected a net positive growth in 14 of those categories, with infrastructure projects leading the net positive readings following the passage of the Infrastructure Bill in 2021, and commercial retail and office leading the net negative readings as a result of the continuing office-geddon:

Mr. Murai may be contacted at


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