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2015 Commercial Construction Industry Trends and Predictions

HardHatChat

The increased commercial construction activity paved the way for some large new retail construction projects and restaurant construction, as national retailers and restaurant owners became more confident in the improving economy. When more retailers are packed together, some can get lost in the shuffle.

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2015 Commercial Construction Industry Highs and Lows

HardHatChat

Writing our annual “Highs and Lows” commercial construction blog post was a bit more difficult this year because, on the whole, 2015 was pretty great for Englewood Construction and many others in the construction industry. Yet despite all its positives, 2015 wasn’t without its commercial construction challenges.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral). percent.

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What a Chicago 2016 Summer Olympics Means for Chicago’s Retail and Restaurant Construction Industry

HardHatChat

But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. Here are a couple of my predictions….

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Looking Back at Commercial Construction 2014 – The Year that Was

HardHatChat

With new hotel construction on the rise, Englewood is reconnecting with clients such as Value Place for projects in 2015. These are the three most important commercial construction trends I will take from the commercial construction industry in 2014. Retailer reinvention is good for commercial general contractors.

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Commercial General Construction 2014 Highs and Lows

HardHatChat

Overall, this was a great year for the commercial construction industry as commercial construction activity and revenue were up considerably. Low – Retail takes a step back. Retail construction has taken a step back and worthwhile projects are becoming few and far between. We expect this work to continue well into 2015.

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Cat 8-K Report Shows 16% Drop In Worldwide Sales In Q4

Construction Equipment

In a report to the Securities and Exchange Commission, Caterpillar says its retail sales to resource industries worldwide fell 38 percent during the three month period between October 2015 and December 2015.

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