A peculiar silence is falling over many nonresidential construction sites, yet the frantic search for skilled workers has never been louder, creating a defining paradox for an industry at a critical juncture. This cooldown, coexisting with high labor demand, signals a complex shift in the market.
Recent analysis of the U.S. construction industry has unveiled a subtle yet significant contraction in the national project pipeline, with the average backlog of work falling to its lowest point since the early months of 2024. While this headline figure suggests a broad-based cooling in the sector,
In a direct and decisive response to the critical housing shortage affecting its personnel, 19 Wing Comox has completed the purchase of a 52-unit apartment building in downtown Courtenay, a move that underscores a significant shift in military accommodation strategy. The $19.1 million acquisition
Securing a rental property in the sun-drenched, high-demand markets of South Florida has evolved into a formidable financial challenge, where a pristine application and a good credit score are no longer enough to guarantee a lease. Prospective tenants in cities like Miami, Fort Lauderdale, and West
In a significant move poised to bolster the U.S. technology supply chain and redefine the regional economic landscape, Spokane-based Garco Construction has been awarded a $200 million contract to build a state-of-the-art semiconductor materials facility in Spokane Valley. The project, commissioned
A recent federal court ruling allowing construction to proceed on the controversial White House ballroom project has shifted the national focus toward the significant and often precarious position of contractors involved in legally contested and high-profile developments. While a federal judge
