Following the COVID-19 pandemic, the U.S. construction industry saw a surge in activity driven by strong housing demand and infrastructure investment. Between 2020 and 2022, private construction spending soared as new housing starts reached their highest levels in over 15 years before cooling off due to rising mortgage rates. As private activity slowed, public-sector construction spending grew, supported by the Bipartisan Infrastructure Law. However, the industry now faces uncertainty from high interest rates, import tariffs and a softening labor market. Labor shortages remain a critical issue, with an estimated 439,000…
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Why design-build is the key to building smart and stronger
In today’s ultra-competitive construction industry, design-build teams are seeing success that contractors alone typically are not finding. The advantage to this model is in its simplified operating plan of streamlined communication, control and speed without sacrificing quality. Leveraging the whole firm under a single contract drastically reduces the odds of things going wrong since the build is under one group. Compared to potentially playing a game of Telephone between designer, architect and contractor, collaboration is much easier under design-build. Aligning the whole process under one team keeps projects on schedule…
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