As economic uncertainty swirls around the Capitol Hill debt limit negotiations, some Top 400 contractors are worried about reaching the limit of their ability to keep projects profitable.
With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.
In an increasingly complex global construction market, Top 250 firm executives say owners are placing a greater emphasis on meeting basic project goals—delivered on time, under budget and at promised value.