Commercial Spending, Infrastructure Boosts Engineering and Construction Industry

construction industry

In 2020, while many businesses floundered, Dollar General’s sales increased by 16.3%, and operating profits grew to $3.6 billion. Dollar General announced it will add 1,050 stores in 2021, with plans to double the size of its current 17,000 stores. The two designs feature 8,500 and 9,500 square feet. In 2021, about 700 stores featuring the larger design will sell produce and meat. Self-checkout stations will also be included.

Dunkin’ Donuts opened its thousandth “Next Generation” restaurant in March 2021. The store’s design meets DD Green Achievement status for energy savings by using sustainable materials. Efficiency elements include LED lighting, low-flow faucets, and energy-efficient equipment.

And Shoe Carnival plans massive renovations for 2021.

“An uptick in public and commercial spending” could make 2021 a profitable year for the construction industry, says Deloitte. Retail expansions and development will feature prominently, but another factor influencing construction industry developments is digital investment.

Construction Industry To See $3-4 Trillion Infrastructure Proposal

President Biden was scheduled to release details of a huge infrastructure proposal on March 31, 2021. The proposal should include “significant investments to repair roads, bridges and railways, as well as other key elements of an aging and, in some places, dilapidated US core infrastructure system,” said CNN.

Digital Data and Your Construction Industry Business

Our software statistics were some companies’ first experience with the construction digital transformation process. David Mineer

National construction industry news impacts every one of us. Just as some companies are growing, expanding space and operations, some engineering and construction firms are thriving in their local markets. We believe those companies invest in digital information to develop marketing leads and better-manage projects.

We learned from 2008. We learned from 2020. If you aren’t sure how Construction Monitor’s presorted building permits and construction industry data can benefit your company, please ask us. That’s how you learn.