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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.

Disrupt the Global Construction Equipment Market

One of the questions I often get asked as an analyst is “who is the Tesla of the construction equipment market?” Leaving aside the sloppy notion that Tesla is the only innovative company, I think what is meant is “who might disrupt the construction equipment market in such a way as to gain significant market …

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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