---
title: "2023: An inflection point for construction? Earlytrade Supply Chain Scorecard Dec 2022"
description: Australian construction firms saw a slowdown in input cost increases in Dec 2022, but early payment demands surged, highlighting ongoing challenges in the industry.
---

[Blog Articles ](https://blog.earlytrade.com/articles)

# [2023: An inflection point for construction? Earlytrade Supply Chain Scorecard Dec 2022](https://blog.earlytrade.com/articles/2023-an-inflection-point-for-construction)

 Written by [Earlytrade Marketing](https://blog.earlytrade.com/articles/author/earlytrade-marketing) | Feb 6, 2023 2:00:00 PM

After 18 months of sustained growth in cost pressures, Australian construction firms finally saw some signs of moderation in the December quarter as input costs increased by *just* 2.2% – the slowest quarterly growth since March 2021.

Key call outs:

- Early payment requests from subcontractors in the construction industry increased by 45% during the December quarter
- The proportion of claims being brought forward by subcontractors almost doubled
- Construction input costs showed signs of moderating, increasing by 2.2% during the quarter – the smallest quarterly increase since March 2021
- Skilled labour remains a significant risk to the industry, with 29% of construction firms reporting vacancies

[View full post](https://blog.earlytrade.com/articles/2023-an-inflection-point-for-construction)

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