Publication | Construction Executive
Construction Insurance 2022: Moving Past COVID-19
The construction industry has seen many changes in the past few years.
Significant growth in commercial and residential construction projects was met head on by COVID-19 constraints. The next few years are likely to see a new set of challenges as COVID-19 issues subside, labor shortages persist, inflation reignites, and interest rates increase. The trend toward work-from-home also will be tested and could have a significant impact on the demand for commercial real estate.