Spending on nonresidential buildings is booming this year. According to the AIA Consensus Construction Forecast Panel, spending in the sector looks set to increase by around 20%, a level that hasn't been seen since before the Great Recession. Industrial construction…
Large industrial construction owners cannot combat inflation and rising interest rates alone, and there is little they can do to influence the rising cost of materials directly. Whether those commercial construction costs continue to rise, level off, or fall slightly,…