commercial construction

Offices, Workplace Commercial Construction Outlook

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In November 2022, in-office occupancy increased to its highest level since 2020. But commercial construction is anticipated to decline because of the deflated tech market, according to construction journalist Sebastian Obando. “Be conservative” with investment in the office sector, advises one real estate research professional. Even though more remote workers are heading back to the […]

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Construction Industry Sees Decline in Commercial Investments

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The recent construction industry slump in nonresidential structures is blamed on decreased demand, labor shortages, and the rising costs of materials. During 3Q 2021, project owners began postponing projects. The spending dropped most noticeably in lodging and public safety construction industry projects. Other Factors Impact Temporary Construction Industry Nonresidential Slump There are other factors at

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Institutional and Commercial Construction Services

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Institutional and commercial construction services require heavy-duty, specialized equipment. Unlike infrastructural and industrial jobs, commercial construction stakeholders are usually interested in profit. Commercial Construction Services: More Than Construction Institutional and commercial construction services encompass everything from the building to maintenance, upgrading, and renovating large structures. Contractors and builders are usually employed by private companies. With the

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