I was honored to contribute to Engineering News-Record’s 2024 list of Top 400 Contractors for an in-depth survey of the entire construction industry from a sector-by-sector perspective, to share my observations on the industry and the economy. While cost increases are a more manageable and predictable challenge than they were a couple of years ago, economic headwinds in light of booming demand still presents challenges for the construction industry as a whole. In addition, as I had indicated last winter – we continue to not be reliant upon any effects that would result from any material change in interest rates until 2025. However as new opportunities continue to arise from the Bipartisan Infrastructure Law (IIJA), CHIPS and the Science Act and Inflation Reduction Act (IRA), Clayco continues to engage with new technologies and the communities we serve. The pressure of demand is reshaping the entire construction industry, it’s a challenging (but exciting) time to be a builder. This industry deep dive is a must-read! https://lnkd.in/g2Cs9CwH
Anthony Johnson’s Post
More Relevant Posts
-
Thursday Pro Tip 💪 Join us this week to discover some key indicators of a poorly executed foundation construction! #construction #foundation #engineering #engineer #structuralengineering #civilengineering #thursdaytip #protip
To view or add a comment, sign in
-
An interesting overview of the sector for this month. ➡️ Read more here: https://lnkd.in/evVeuMpd #construction #industryfour #engineering #engineeringsoftware #engineer #CADS
To view or add a comment, sign in
-
I’m surprised to learn these facts about the construction industry: - Although it is a Trillion dollar industry, it hasn’t changed much in a century. - R&D is minimal, thus technology has not made a significant impact on industry methods and performance. - It has low profitability, 5% on average.
To view or add a comment, sign in
-
🗞️ Check out this #IndustryNews post from Construction Enquirer : "Commercial work rise sees construction return to growth." The data for July has highlighted an upswing in certain segments of the UK construction industry. Particularly noteworthy are the strides made in commercial construction and civil engineering endeavours . This upturn has consequently prompted a fresh surge in the overall output within the construction sector. While this increase might be considered modest, it stands as the most rapid growth observed over a span of five months. Keep reading: https://buff.ly/3OpGD1y 👏 Brilliant news for the industry! If you're looking for a reliable and professional construction company to support you next commercial construction project, reach out to the team at Creative Building Projects ⬇️ ☎️ 01246 431 605 📨 info@creativebuildingprojects.co.uk ---- #News #ConstructionNews #CommercialConstruction #IndustryTrends #Construction #CreativeBuildingProjects
To view or add a comment, sign in
-
Associate Vice President - Building Diagnostics, Forensics, Repair & Restoration, Midwest at LVI Associates
AIA released their Architecture Billings Index for April, which indicated a slight decrease in billings despite upticks in future project inquiries. Meanwhile, a recent report by Dodge Construction Network showed that construction starts in April fell by 4% due to a steep decline in manufacturing. Was your company shortlisted? #construction #engineeringnewsrecord
Top 10 U.S. contractors ranked by Engineering News-Record
archinect.com
To view or add a comment, sign in
-
In our blog post, we explore the crucial trends that are shaping the landscape of the Engineering and Construction industry in 2023. Read more here: https://lnkd.in/dWYYzCSr #Engineering #Construction #IndustryChallenges #SupplyChain #DigitalTransformation #EngineeringExcellence
5 Biggest Trends for Engineering and Construction in 2023
https://corasystems.com
To view or add a comment, sign in
-
Vice President / Division Manager | Transforming South & Central Texas with Innovative Construction Solutions for Exciting Projects
#40 ➡️ #29! Yates Construction moving up in the ranks this year for ENR’s Top 400 Contractor List! From #40 in 2023 to #29 in 2024! Let’s go…. #YatesBuilds #ConstructionLeadership #ENR2024 #ConstructionIndustry
We are excited to announce Yates Construction ranks #29 on Engineering News-Record (ENR)’s Top 400 Contractors List! #yatesbuilds
To view or add a comment, sign in
-
While the backlog of construction projects has started to slow down, construction professionals continue to expect the industry to grow over the next six months. Read more about growth signals and 2024 industry trends here: https://lnkd.in/gQzVSrBv
To view or add a comment, sign in
-
Engineers flag up Future Homes’ embodied carbon omission https://lnkd.in/eBJt8DsB The Institution of Structural Engineers (IStructE) has raised concerns about the lack of embodied carbon regulation within the proposed Future Homes and Building Standards. Read Full Article: The Construction Index
To view or add a comment, sign in
-
In the wake of significant challenges within construction, this is excellent news for the industry, especially as there have been some challenging conditions economically after the industry suffered an 18% decline in 2023. #ConstructionNews
To view or add a comment, sign in
CEO at Procore Technologies
1moAnthony, I really appreciate your point of view on this and see that Clayco has developed some creative/innovative strategies around creating purchasing power through Consolidated Distribution. Very impressive work/leadership.