Construction pros and economists are taking a cautious but more hopeful view on the year ahead, even in the face of the highest rate of inflation since 1982, material price surges, continuing supply chain snarls and the COVID-19 omicron variant.
While these market observers still see plenty of challenges in the sector — the endemic labor shortage being top among their concerns — their perspective at the beginning of the year marks a return, if not to normal, then at least to a resemblance of the pre-pandemic world.
Read on for more insider insights into the year ahead.