After project delays and cancellations that resulted from pandemic lockdowns in 2020, construction activity across the region remained healthy again in 2021. Many of the largest contractors on the West Coast reported increased construction starts and saw a subsequent bump in revenue.
For 2022, some firms see even more activity and expect starts to return to—or even exceed—pre-pandemic levels. Looking forward, construction executives remain cautiously optimistic that even busier days lie ahead. However, the ever-present challenges of labor shortages, supply chain issues, inflated materials prices and a potential recession represent possible headwinds for regional firms.