Industry Trends

Construction Cost Trends of 2021

Construction Cost Trends of 2021

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 construction of...

Increased Construction Litigation due to COVID-19

Increased Construction Litigation due to COVID-19

Many industries throughout the world have been affected by the COVID-19 pandemic, and the construction industry was not immune. According to a RICS Economics study, as of Q1 2021, 6.9% of residential projects, 6.9% of infrastructure projects, and 10.3% of non-residential projects, globally, had been permanently cancelled since the onset of COVID-19, and numerous others had experienced delays.

Breakwater is bringing the news to you! We will be pulling together news bulletins related to industry trends that we find relevant from many third party sources. We hope this information is useful to our current and future clients.

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