Westport, CT
Our range of services include project management, cost management to project controls, energy consulting, and much more. Our experts specialize in sectors ranging from commercial to culture, gaming, healthcare, higher education, hospitality, industrial, K-12 education, luxury residential, mixed-use, retail, and themed entertainment.
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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.
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