What Lower Interest Rates Mean for Construction — and how Sales Teams Should Adapt
There's growing anticipation that the Federal Reserve might cut interest rates later this year—a shift that would send ripple effects throughout the construction industry. At first glance, lower interest rates seem like great news. Reduced borrowing costs typically drive increased investment in commercial, residential, and infrastructure projects.
The Labor Gap in Construction: Challenges and Opportunities
Since the 2008 financial crisis, housing construction has lagged — and it still hasn’t caught up. Add to that restrictive zoning, rising renovation and building costs, and aging homeowners who are staying put, and the result is persistent demand without the supply or workforce to meet it.
The Ripple Effects of Tariffs on Design and Construction
The construction industry is the single largest consumer of imported materials and equipment in the United States. As global trade policies shift, particularly with respect to tariffs, the downstream impacts on the design and construction sectors are significant—affecting pricing, availability, and project timelines.