April 2, 2025
Construction Industry: Opportunities and Challenges Ahead in 2025
In the realm of public projects, February set a record for construction spending, peaking at $1.26 trillion, fueled by civil outlays, particularly in highway and street construction. Although this represents growth, contractors are encountering challenges due to high-interest rates and uncertain trade policies impacting private sector investments.
Innovation is also evolving in sustainable construction methods, seen in Peab and Södra's collaboration to develop an ECO hybrid framing solution. By combining precast...