Summing up
Despite the various headwinds facing the US construction industry, the nuanced nature of different sectors allows certain projects to gain momentum. For instance, the foundations are in place for a sustained period of growth in infrastructure construction.
Retrofitting opportunities are also becoming more visible in sectors that are struggling, as the ESG aspirations of stakeholders make it a viable alternative to new build or a preferable option to loan delinquencies for owners with unviable financing prospects.
The ability of the industry to innovate with some of the most pioneering companies globally will help build the blocks for future project successes amid economic uncertainty.
Gleeds Americas contacts
Research team contacts
James Garner
Senior Director, Global Head of Data and Intelligence
Nicola Herring
Project Director, Head of Intelligence, UK
Edna Benavides
Associate Director, Intelligence Manager for Europe
Jayashree Srinivasaragavan
Cost Manager, India
Res Orgut
Associate Director, USA
Sherif Sweillam
Director, Head of Business Operations, Egypt
Sherif Sweillam
Research Manager, Intelligence, UK
Summing up
Despite the various headwinds facing the US construction industry, the nuanced nature of different sectors allows certain projects to gain momentum. For instance, the foundations are in place for a sustained period of growth in infrastructure construction.
Retrofitting opportunities are also becoming more visible in sectors that are struggling, as the ESG aspirations of stakeholders make it a viable alternative to new build or a preferable option to loan delinquencies for owners with unviable financing prospects.
The ability of the industry to innovate with some of the most pioneering companies globally will help build the blocks for future project successes amid economic uncertainty.
Gleeds Americas contacts
Stuart Lumsden
President and Chief Operating Officer, Gleeds Americas
Chris Williams
Chief Executive Officer, Gleeds Americas
Res Orgut
Associate Director
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Research team contacts
James Garner
Senior Director, Global Head of Data and Intelligence
Nicola Sharkey
Project Director, Head of Intelligence, UK
Edna Benavides
Associate Director, Intelligence Manager for Europe
Res Orgut
Associate Director, USA
Jayashree Srinivasaragavan
Cost Manager, India
Sam West
Research Manager, UK
Sherif Sweillam
Director, Head of Business Operations, Egypt
Ned Chehalfi
Research Manager, UK
Legal disclaimer: This report was prepared by Gleeds and is for general information only. Neither Gleeds nor any of their partners, directors, employees or other persons acting on their behalf makes any warranty, express or implied nor assumes any liability with respect to the use of the information or methods contained in this report to any person or party. This document is subject to copyright and must not be reproduced.
The report was prepared in September 2023 and published on 20 September 2023.
