Is this a sign that the industry is returning to normal?| Walkthrough Wednesday
It’s no surprise that the construction industry is still facing labor shortages and material pricing surges. Despite these challenges, nonresidential construction starts rose to $281.8 Billion in 2021; compared to $244.1 Billion in 2020. With low interest rates and high levels of liquidity in the market, contractors expect sales, staffing, and profit margins to expand over the next six months as demand for construction services remains strong. Here's how you can take advantage of this opportunity.