Kieffer says the outlook for Salt Lake City’s construction market feels positive, with momentum from essential community-serving work—specifically health care, municipal projects and transportation improvements.
While commercial work may see some softness due to difficult market conditions, mission critical work is helping fill the void for some contractors and trades.
With arrival of new residents in parts of Arkansas, particularly the northwest, cities are seeing rising demand for new construction in multiple market sectors.
Regional transit agencies are updating existing infrastructure rather than building large-scale projects, prioritizing improvements such as communications-based train control and exploring bus rapid transit connections to deliver capacity gains quickly and cost effectively, Voinis says.