U.S. contractors have so much on their minds as they give the impression of being to the 12 months forward.
Snarled provide chains and rising inflation may deliver greater prices and decrease income in 2023. Workforce shortages, which make tasks take longer and price extra, look set to worsen in 2023.
Because the specter of a recession continues to loom regardless of greater rates of interest, contractors are getting ready for a downturn whereas staying optimistic, because of above-average backlog and federal funding for infrastructure and manufacturing.
Right here, Development Dive rounds up its 2023 outlook tales.