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Publication | Construction Executive
Construction Insurance 2022: Moving Past COVID-19
Chris Brophy
March 7, 2022
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.