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Tag: construction value

Construction

How Rising Construction Costs are Impacting Real Estate Development

  • December 5, 2023
To achieve deadlines and stay within budget, developers must generate solutions to the industry dilemma of rising construction costs. Examine what’s driving construction spending, how these costs are impacting developers and solutions for maintaining development momentum.
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Construction site

How Supporting CRE Construction Could Drive the US Economic Recovery

  • February 22, 2021

Despite the severe economic downturn of 2020, the U.S. construction industry grew. Direct expenditures for building and nonbuilding construction climbed $51.7 billion to reach $1.4 billion for the year. Total jobs supported by construction grew by 400,000. And construction’s percentage of total U.S. GDP rose from 19.5% in 2019 to 21% in 2020. In the […]

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