This document is not intended to be an exhaustive source of information nor should any discussion or opinions be construed as legal advice. Readers should consult legal counsel or a licensed insurance professional for appropriate advice.

Construction Industry Trends to Watch

The construction industry has recently encountered volatility due to several trends. As such trends impact the success and public perception of a business, monitoring the latest sector developments and appropriately adjusting operations and risk management practices to respond to industry shifts is crucial. Changes in the construction industry can affect several aspects of an operation,…

Construction worker in hard hat carrying equipment over his shoulder.

Construction Industry Trends to Watch in 2024

The construction industry has encountered volatility and uncertainty in recent years, brought on in part by fluctuating consumer behaviors, material procurement difficulties, project delays, high interest rates and inflation. Such trends have been vital to monitor, as doing so has helped industry employers create strategies to adjust and remain successful despite these uncertain circumstances. This…