by Andy Miltonberger | Jan 18, 2023 | Construction
Industry Trends There continues to be a shift towards sustainable and “green” architecture and construction across the U.S.1 Over 138 businesses and organizations, including the American Institute of Architects2 and the Structural Engineering Institute,3 ...
by Andy Miltonberger | Dec 13, 2022 | Construction
Industry Trends For more than two years the construction industry has experienced material supply chain issues and higher prices due to the COVID-19 pandemic. Since this issue continued through 2022, material prices and availability have not returned to pre-pandemic...
by Andy Miltonberger | Sep 7, 2022 | Construction, Government Contracts
Industry Trends As of June 2022, the annual inflation rate in the United States hit 9.1%, the highest it has been since November 1981.1 Inflationary effects and risks are not always uniform and can be different across industries, materials, and even equipment.2...
by Andy Miltonberger | Aug 9, 2022 | Construction
Industry Trends Permanent Modular Construction (“PMC”), or off-site construction, is the process of prefabricating construction components in sections (or modules) off-site, most often at a large warehouse or factory, and then transporting those components to the site...
by Andy Miltonberger | Apr 13, 2022 | Construction
Industry Trends The construction labor market in the U.S. has been tightening for decades.1 At the end of 2021, the U.S. Chamber Commercial Construction Index stated that 62% of contractors reported “high difficulty” finding skilled workers, and 56% of contractors...
by Andy Miltonberger | Jan 19, 2022 | Construction
Industry Trends As the US construction industry moves into the calendar year 2022, Breakwater Forensics is paying close attention to trends that have impacted owners, developers, and contractors over the last 12 months. For instance, some commodities integral to the...
