Murrieta2024-02-29T11:53:11-08:00

Local Projects

Market Analysis

The construction industry managed to grow by a little over 1% in 2023. This is almost entirely due to inflation rather than an increase in overall volume. When controlling for inflation, spending declined by a little over 1%. In addition to ongoing inflation, the industry is grappling with volatility in material prices and increasing labor costs. Workers who left the industry in 2020 have yet to be replaced, and this has pushed labor costs up across the board.

Insiders Podcast

Revolutionizing Healthcare Design: Modularization, Prefabrication, and Technology Advancements

Join us as we navigate recent industry changes, including economic shifts, labor shortages, and procurement challenges. Learn how modularization, prefabrication, and technology advancements are reshaping healthcare facility design and construction. Gain insights from our in-house experts, Gary Brett and Heather Furhman, as they share experiences and strategies to enhance collaboration, streamline processes, and reduce costs in healthcare construction.

Expert Insights Blog

Escalation Update

Explore the factors influencing construction escalation in 2023, including material and labor costs, non-residential construction growth, and the impact of supply chain disruptions. Learn about mitigation strategies to navigate these challenges in the industry.

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