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...
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...
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...
Fourth Quarter Construction Update: The Good, The Bad, and The Ugly
The construction industry faced many of the same headwinds that buffeted it throughout 2022 in the fourth quarter, including labor shortages, high interest rates, and elevated materials costs, but still exhibited a surprising amount of momentum. Nonresidential...
2022 Shows Positive Gains in Hiring and Cash Flows, Contractors are Ramping up for 2023
With the passage of the U.S. Bipartisan Infrastructure Law back in November 2021, many contractors hoped it would usher in a resurgence of new projects as the country embraced a renewed focus on updating and modernizing critical infrastructure across the country. The...[curt_ad orientation=”vertical” location=”side”]