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Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

A strong pipeline of senior living construction was a “high” of 2018. So before we officially ring in 2019, here is our rundown of Englewood Construction’s commercial construction trends “highs” and “lows” from 2018: High: A Sizable Senior Living Pipeline. Low: Labor Shortage Shapes Schedules.

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4 Commercial Construction Trends and Predictions for 2018

HardHatChat

Happy New Year to all of our Hard Hat Chat readers! As we flip the calendar over to 2018 this month, it’s a great time to share some of the commercial construction trends we predict will shape our work in the year ahead. #1: Senior living is another sector where we expect to see continued opportunity in 2018.

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4 Commercial Construction Industry Trends and Predictions for 2019

HardHatChat

Here are our predictions of the four commercial construction industry trends we expect will shape our work in different sectors – and the construction landscape overall – in the year ahead: Senior Housing Communities Woo Workers with Facility Updates. Developers Think Outside the Big Box to Fill Retail Vacancies.

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Report Reveals Commercial Construction Index Drops Amid Coronavirus Pandemic

Construction Superintendent Magazine

Chamber of Commerce Commercial Construction Index plunged from 74 in Q1 to 56 in Q2. Two of the index’s three main indicators—confidence in new business and revenue expectations—both fell 26 points, to 50 and 44, respectively, revealing the severe impact of the coronavirus pandemic on the construction industry.

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Persistent Workforce Shortages Challenge Commercial Construction Industry

Construction Superintendent Magazine

The Q1 2018 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index reveals nearly two-thirds of contractors are highly confident that demand for commercial construction will increase over the next year, however, continued concerns around labor shortages have put even greater pressure on the industry.

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Marcum Commercial Construction Index Reports Nonresidential Construction Industry Slows, Economy Cools 

Construction Superintendent Magazine

The Marcum Commercial Construction Index for the second quarter of 2019 reports construction spending slowing as the economy signals confusion and indecisiveness. billion in June 2018. billion in June 2018. Nonresidential construction spending declined 1.8% on a monthly basis in June but is up 2.3 % year-over-year.

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Mass Construction Show Tackles Commercial Construction for Project Managers

Construction Junkie

Hosted by construction consultant, Joe Kelly, the Mass Construction Show takes on a variety of different topics applicable to commercial contractors throughout the country. There were plenty of niche shows and residential shows but nothing just talking about commercial construction.” Next up is the Mass Construction Show.