If some MidAtlantic specialty contractors might have felt they were finally stepping off a roller coaster of rising interest rates, supply chain interruptions and climbing material and labor costs heading into 2024, regional revenue reported on the 2024 ENR MidAtlantic Top Specialty Contractor ranking may have justified that impression.
Project goals can be a moving target amid intensifying inflation, climate change and supply chain disruptions roiling the global marketplace, say this year’s Top 225 International Design Firms.
While disrupted supply chains, soaring material and labor costs and rising interest rates have hurled construction into choppy economic waters the last several years, the MidAtlantic’s specialty construction firms are starting to get their sea legs again.
In comments about the market’s most pressing challenges, Top 600 Specialty Contractors are widely optimistic that the worst of pandemic-induced delays are done—buttressed by another year of double-digit revenue growth for listed firms.
Worries about recessions and resources have done little to dampen the Las Vegas area construction market, and few specialty contractors better illustrate the current run of robustness than Commercial Roofers Inc. (CRI), ENR Southwest Specialty Contractor of the Year.