“Many people has the notion that enlightenment is one state. Many also believe that when it is attained, a person is forever in that state.”
- Frankie Kao
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After a robust 2017, commercial construction companies are anticipating an even stronger 2018, with the majority reporting they plan to expand their staffs, according to Dodge Data & Analytics. Other trends that will shape construction revolve around policy, both federal and state, the ongoing labor shortage and gargantuan projects.
Property owners took a total financial hit that is still climbing and could reach nearly $400 billion.
As professionals seek to map out 2018 and beyond, there are a number of trends shaping the construction industry. Some are evolutions of past years, such as offsite construction and an increasing reliance on technology, and some trends are new, such as a focus on resiliency after the most damaging hurricane season on record and devastating fires in California.