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Construction Industry Trends
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The “Next Normal”: Construction Industry Trends That Are Here to Stay

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  While the pandemic wreaked havoc on supply chains and production output in mining, manufacturing, and construction it also provided an impetus for some long-delayed innovation. Even before Covid 19 reared its ugly head, the industrial world faced the ongoing challenges that continue to this day in the way of…
Construction Materials Lumber Prices
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Pipelines, Politics, and the Construction Materials Price Spikes

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  Thanks to the current White House resident, the US construction industry is rolling through a perfect storm of construction material price spikes that some might think is an intentional assault on what would otherwise be a thriving economic sector.  Already depressed by the government overreach that culminated in the…
2021 construction trends
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Big Spender Non-building Projects Prop Up 2% Drop in Dodge Index 2021 Construction Numbers

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  Once again the push to green tech is playing a role in 2021 construction trends, as the stagnant building sector is still recovering from Covid 19 supply overhangs. But there’s still some good civil construction news for the remainder of 2021.  National construction numbers overall logged a 2% drop…
tunnel construction upgrades
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Tunneling Projects 2021: 50-Year Upgrades and New Tunnel Spending

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  With the latest 1.9 trillion dollar Covid 19 relief spending bill now heading to the White House for approval, tunnel project spending has become quite the political football. House speaker Nancy Pelosi’s pet subway project in her California home district, ridiculed by opponents as “Pelosi’s tunnel of love”, lost…
Construction manager reviewing 2021 forecast
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The Financial Impact of COVID-19 on Construction’s 2020 and 2021 Forecasts

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  McKinsey suggests that the COVID-19 crisis will reshape the construction industry, radically shift supply and value chains, and create the blueprint for the industry moving forward. While all of these are certainly true, COVID-19 isn’t simply a “disrupter.” It’s a tangible threat to the industry’s bottom-line. How is COVID-19…
off-site construction
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Off-Site Construction Booming As Industry Braces For The Post-COVID Rush

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Despite COVID-19 shuttering construction sites, introducing supply chain frictions and creating economic turmoil for construction companies, the overall outlook of civil, residential and commercial construction is bright. Recent reports suggest that the United States construction market will record a CAGR of 5% from 2020 to 2024 — becoming a 1.428 trillion dollar…

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