The U.S. is spending more on commercial construction this year, but economists view the outlook for 2025 with cautious optimism. That was the consensus during ConstructConnect®'s fall 2024 webinar, "The Construction Economy Outlook: 2025 Starts Now."

The most recent AGC workforce survey shows that “88% of construction firms are having a hard time finding workers to hire.” But where are the solutions to this uncertainty?

In the U.S. and Canada, March 1 is observed as Employee Appreciation Day – a time to express gratitude for the people committed to delivering value each day for their employers, customers, and colleagues. At ConstructConnect, that “People First” focus is an inherent part of our company culture. Each day we are truly thankful for our team members, who are dedicated to ensuring that every construction project starts on a solid foundation.

Here at ConstructConnect, we are proud to spotlight our team members as they work to ensure that every construction project starts on a solid foundation. In celebration of Women in Construction Week, observed in the U.S. from March 3-9, we are highlighting ConstructConnect Vice President of Customer Success, Crystal Barger.

ConstructConnect’s support of the construction industry is largely a service to the boots on the ground, managers, and contractors putting plans into action. Women have a huge part in leading a new generation of construction game changers. While the narrative around who represents the future of construction has seen little to no change for years, there is now a steady uptick of women entering and advancing in the industry.

The recent announcement of a new data facility in Temple, Texas, for social media giant Meta, is further proof that the state is on a data center roll. Meta, formerly known as Facebook, will begin construction of a 900,000 square foot Hyperscale Data Center this spring on a site covering almost 400 acres.

All in all, 2021 was an okay year for the commercial construction industry. Overall construction spending was up, with residential construction put-in-place seeing an increase but nonresidential experiencing its second year of decline.

Are you thinking you’ll be busier in 2022 than in 2021? If that’s the case—it may be a great time to add new construction software or new or used equipment and deduct all of it on this year’s taxes.

We’re a little over a year and a half into the COVID-19 pandemic and the construction industry, like many other industries, is maneuvering several obstacles on its road to recovery. I think it’s important that we take time to understand what this means in the immediate and for the long-term.

Construction is the largest global industry that accounts for 13% of global GDP. It encompasses infrastructure, industrial structures, and real estate and today many companies are adjusting their business models to embrace the next normal in construction.