North American Crane Count Holds Steady in Q3
Post date
November 04, 2022
Body
Zachary Phillips, Construction Dive
The number of cranes in North America’s major cities has held steady from Q1 to Q3 2022, according to the latest Rider Levett Bucknall Crane Index. Measured cities are down by only three cranes, less than 1%, for that time period.
While strong demand for construction services is good news for the industry, ongoing supply chain issues are blunting the ability for contractors to fully experience the benefit it brings, wrote Julian Anderson, president of RLB North America. Nevertheless, dmand will likely continue to grow as the funds from the Infrastructure Investment and Jobs Act flow to states and jurisdictions.