Florida Construction Industry Analysis

Florida’s construction industry is outperforming the nation. Per reports such as Cumming Insight, Florida metro areas such as Miami are saw growth as much as 7% during the pandemic. As noted within the report, this is partly due to the state taking a different approach to the pandemic restrictions, in addition to an increase of people relocating over this past year. While the Florida construction has clearly shown significant resilience in the face of COVID-19, what does the forecast look like for the year ahead?
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Oregon Construction Industry Today

Covid certainly impacted the construction industry in 2020. However, the disruptions were not spread evenly. For example,¬† states such as ¬†Tennessee and Oregon have already shown strong signs of recovery. According to this report from Cumming Corporation, Oregon (like Nashville) even had “a slight surge in projects towards the end of the year, which has resulted in an overall construction volume figure similar to that of 2019.”
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Massachusetts Construction Industry Update

While some areas of the county (like Tennessee) have maintained a steadier construction pace during this past year, Massachusetts saw a significant decrease due to Covid. The drop in demand for both commercial and residential construction was significantly lower in the state. Add in strict restrictions and shut-downs, and it makes sense why Massachusetts overall construction numbers fell. Here’s where things stand today, the outlook for 2021 and the opportunities available.
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Tennessee Construction Industry Analysis

Nearly every industry has slowed over the past year as the world adjusted to a pandemic and its impacts. Of course, not every industry has been impacted in the same way. Add in regional or state-specific factors and it suddenly makes sense why construction in Tennessee is still going strong.
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