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U.S. and Canada’s Construction Industry Poised for Growth

After a year of stabilization, the construction industry in the U.S. and Canada is positioned for success in 2024, thanks to strong demand and as the normalization of supply chains and material prices continues. JLL’s new U.S. and Canada Construction Trends 2024 report explores the opportunities and challenges facing the construction industry in the coming year.

Mergers & Acquisitions: A Construction Sector Update

Despite interest rate, inflation, supply-chain, and labor-related headwinds, construction operators across the industry have recently benefitted from declining costs (including fuel and energy) combined with still-effective price increases implemented over the past several months. The increased profitability is supported by record public-sector spending on new construction projects over the next five-plus years, resulting in strong …

Navigating Soaring Costs: Subcontractors Faced $97B Excess Expenses

As the commercial construction industry continues to face challenges related to rising material costs and labor shortages, subcontractors find themselves bearing the brunt of these expenses. In its third annual construction industry market report, Billd reveals alarming statistics regarding the financial burden placed on subcontractors. The 2023 National Subcontractor Market Report sheds light on the …

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