The North American construction industry has benefited from growth in nearly all application segments, from residential new and remodel, to maintenance, repair, and operations (MRO) and infrastructure. The industry continues to see spending and volume increases since the Great Recession. However, homebuilders struggle to supply new homes at entry-level price points, skilled labor shortages impact construction throughput and completions, and supply and demand models are shifting.
Industry professionals should think about rebalancing their product and service portfolios to include more renovation, remodeling and non-building emphasis. Despite uncertain macro-fundamentals, we see opportunities in many segments.
In the 2020 Building and Construction Outlook, DuckerFrontier’s industry experts outline the key segments to monitor and strategies for your business to win in 2020 and beyond:
DuckerFrontier’s Building & Construction team is at the forefront of key trends impacting the industry. How can we help you deliver better outcomes for your business in 2020? Contact us to connect with an industry expert.
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