Commerce Bank posts US Construction Industry Report
Article looks at how companies are adapting to the current market and provides prescient market data analysis.
From the article:
“The U.S. construction industry is evolving, and so are the opportunities within it.
Injections of federal funding, coupled with pent-up demand from the pandemic shutdowns, created a surge in the industry (link opens in a new window) in 2022 and 2023. Even though costs were much higher, federal investments in infrastructure projects and domestic semiconductor manufacturing brought new projects into the pipeline. In addition, investors saw opportunities to address the nation’s housing shortage and meet other shifts in consumer demand.”
Click here to read the entire article at Commerce Bank’s website.