United States Construction Highlights – Summer 2013

From JLL:

 Although construction recovery continues to lag other sectors and the overall US economy, the industry is finally seeing a rebound in single-family construction in addition to consistent multi-family development activity. Outside of residential, there are also some sectors such as energy and high-tech driving demand for construction, while some major cities are starting to record increased levels of speculative commercial office building. With demand on the rise in some areas, challenges such as labor shortages and increased material costs are on the rise as well.

This issue of Construction Highlights provides companies with a good sense of where we are on the road to construction recovery, as well as what to expect in the coming months