Green at No Cost posts are dedicated to empowering the construction industry for the benefit of all

Sectoral Watch Q1 2023 - focus on construction

Sectoral Watch Q1 2023
Drilling down into significant sector movement and what lies ahead

Richard Vermeulen provides insights into the movement and future spending projections in various sectors, highlighting the impact of mechanical and electric contractors on bid prices and recommending large bidding contingencies, while also discussing job creation, construction volume, and the shift in dollar volumes across different sectors, particularly noting the surge in non-residential construction, with a specific focus on office, commercial, educational, and manufacturing sectors, and raising the question of whether the rise in renewables is compensating for the decline in conventional spending in the Power sector.

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