Despite a slight dip in opportunities, Q4 2024 was the year's standout quarter, with local governments continuing a three-year growth streak. However, SLED contractors face headwinds and are monitoring challenges in the education sector and the winding down of American Rescue Plan Act (ARPA) funding. Request your copy of the full report for a deeper dive!
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Dive into the data and stay ahead of the curve with our comprehensive Q4 2024 SLED market snapshot!
The SLED market saw a modest decline of -1.2% in opportunities in Q4 2024, showing improvement over the larger declines observed since Q1.
Local government opportunities increased by 1.7%, continuing a three-year growth trend in Q4, while state and education sectors faced declines.
Financial services & insurance (+7.8%) and environmental services (+7.0%) sectors experienced robust growth, driven by hurricane disaster response and long-term environmental projects.