Economy Middle East’s Post

Did you see this? 👀 According to this article, the future of the construction industry looks bright. Projections estimate that the construction industry in the United States is expected to grow by 5.6% to reach USD 1.27 trillion in 2024. Better invest in some #constructionmarketing now to get a big ol’ slice of that pie! 🥧 Check out the projected outlooks for the construction industry here: https://heyor.ca/bBqDBP #constructionlife #constructionmarketing #BRIXbranding #AECbranding #DigitalMarketing

2025 Construction and A&E Sector Outlook The construction sector remains cautiously optimistic, with steady employment growth in targeted segments like nonresidential and specialty trade contracting. This resilience highlights the essential role of construction as the country grapples with mounting infrastructure and building demands. While architecture and engineering firms face a prolonged dip in new project billings—reflecting client caution even with recent interest rate cuts—existing backlogs provide some stability, and opportunities for design work are poised to grow as the economy adjusts. Will 2025 be strong for #AEC? ▶️ Housing Demand: The estimated shortage of 1.5 million housing units underscores an urgent need for new residential construction, and recent rate cuts make borrowing more favorable, potentially accelerating housing projects as population growth drives urban demand. ▶️ Office Conversion: Oversupplied commercial real estate, especially in office spaces, presents a clear opportunity for adaptive reuse. Cities are waking up to the need to repurpose these vacant properties to meet modern residential and mixed-use needs, positioning architects, engineers, and contractors to play leading roles in reshaping urban landscapes. With these strong fundamentals—low interest rates, high demand for housing and evolving commercial space needs—2025 presents a promising landscape for A&E firms and construction professionals alike to address critical societal needs and fuel sector growth. We remain optimistic. #architecture #construction #outlook Contractor magazine https://loom.ly/IZ6dW7k

According to today's Architects’ Journal 'new forecasts predict a return to growth for the construction sector in several key areas, with a boost for new project starts expected at the end of this year and accelerating into 2025-26.' This is really good news all round, as we are seeing the appointment of new projects picking up pace. Is it the same for everyone across construction disciplines? #construction #contractors #development #developers #property #propertydevelopment #engineers #quantitysurveyors #builtenvironment #architects #architecture #design #growth

Fewer buildings are under construction in the office sector, while more industrial space is under construction. For daily news and analysis subscribe to the https://lnkd.in/gkPc4uBJ newsletter. #Construction #Engineering #Infrastructure

Nevada businesses, are you ready to transform the way you build? Modular construction is redefining efficiency with faster timelines, cost savings, and designs tailored just for you. Whether you’re expanding office space, launching a new retail location, or building a healthcare facility, modular construction delivers speed, quality, and sustainability like never before! Our latest blog dives into 10 Benefits of Modular Construction for Nevada Businesses. From eco-friendly solutions to enhanced flexibility, discover how modular construction is helping businesses like yours thrive. 🔗 Read the full article here: https://hubs.ly/Q02_PSjW0 Build smarter. Build faster. Build modular. #BuildingTrust #DeliveringResults #PacificMobileStructures #ModularConstruction #ModularBuilding #NevadaBusiness #NevadaConstruction #ModularBenefits

How can the construction industry harness sustainability to drive transformative change? According to industry veteran Sam Stacey, the key lies in not just upgrading traditional construction and design, but in redefining how we approach asset management for sustainable transformation. By 2030, new regulations will likely require all office buildings to achieve a minimum EPC rating of B. Meeting these standards demands significant upgrades across the board, especially as the demand for high-quality, efficient buildings far surpasses the supply. But many clients are struggling to find the right support—not just to design and refurbish their spaces but to address the full scope of repositioning their buildings. This involves complex #assetmanagement strategies that go beyond traditional construction and consultancy services. It means structuring investments to unlock better financing options, optimise insurance rates, and secure the right contracts with tenants and the supply chain. By integrating these elements, building owners can be confident that their investments will generate strong returns, while also meeting evolving sustainability standards and increasing demand for quality commercial spaces. The future of sustainable construction lies not just in the buildings themselves but in the financial and operational ecosystem supporting them. As Chairman of SustainCRE, Sam Stacey focuses on transforming office buildings’ environmental performance using digital and data-driven strategies. His expertise offers construction leaders a clear path to balance sustainability with profitability, unlocking growth in a rapidly evolving industry. For the full interview on YouTube please see 'Why sustainability should be in your constructions plan for 2025' : https://lnkd.in/d9SwAR-n

In our latest article in the Built Blog, see the exciting construction developments happening in northwest England.

3 ways LEED-certified buildings can help you save money: 1- LOWER ENERGY BILLS - buildings with LEED certification use 25% less energy and see 19% lower maintenance than non-certified buildings. 2- EXEMPT FOR MANDATORY ENERGY AUDITS - LEED buildings are exempt from mandatory energy audits in many municipalities and states. 3- HIGHER RENTS & HAPPIER TENANTS: The enhanced indoor air quality and comfort found in LEED-certified buildings result in greater resident contentment and reduced turnover rates. Explore the value of LEED certification in commercial, residential, and multi-family construction, and on how Premier SIPS' structural insulated panels can play a leading role in achieving high LEED ratings: https://ow.ly/sffA50SG82O [Architect: Lacroix Design | Contractor: Tall Pines Construction]

The Renovation Wave constitutes a major growth driver for the entire European construction industry. The sector will need exogenous support to effectively seize the existing opportunities, particularly regarding mechanisms for financing work and supporting future beneficiaries. Arthur D. Little discusses below: