As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.

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Average revenue for regional firms increases, but firms face a worker shortage as the supply chain crisis eases.

In the coming year to 18 months, engineering and architectural firms in the Texas & Louisiana region will continue to face multiple challenges related to attracting staff and high material costs.

Most construction and engineering companies operate with a fragmented supply chain network, which puts them at a significant disadvantage.

Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement.

Lingering supply chain issues, inflation, rising materials costs and labor shortages weren’t enough to keep contractors in the Midwest down in 2022.

Steep inflation has exacerbated what was already a volatile market for construction materials, complicating specialty contractors’ efforts to navigate the post-pandemic environment.

Survey respondents reported shortages of materials including electrical steel, components and cement.

The Associated Builders and Contractors Construction Backlog Indicator rose to nine months in May.