Revenue for the Top 250 International Contractors is at its highest since 2015, rising to $499.7 billion last year.

But project development continues in the state—with builder Skanska gaining a $861M NYC port upgrade contract—and in the US, with federal lease auctions now set for offshore Maine and Oregon as first of 12 through 2028, and NJ announcing it will seek up to 4 GW capacity add.

With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.

Despite industry-wide challenges from labor shortages and frustrating supply chain snags, most specialty contractors across the West Coast saw revenue gains in 2022.

Protect Assets and Prevent Waste to Maintain a Thriving Business.

Construction firms in the mountain states are plenty busy. A surge of people moving to the region—especially Colorado, Utah and Idaho—has created a “solid funnel of multifamily housing projects,” says Jeff Palmer, executive vice president at Layton Construction.

Construction-in-progress numbers have rebounded among this year's Top Owners, but those numbers don't completely reflect owner confidence in an increasingly volatile market.

The University of South Carolina has embarked on its largest capital project in school history, Campus Village, navigating tight spaces and supply chain issues to stay on track.

Firms are navigating a 'new normal' in market activity and managing lingering supply chain and labor issues in the wake of the pandemic.