November 24, 2024 2:55 pm
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How will Arizona’s construction industry fare in 2022?

By Angela Gonzales | Phoenix Business Journal

As demand for residential and commercial buildings remains at all-time highs, optimism in the Arizona construction industry in 2022 outshines supply chain slog, labor shortages and rising material costs, according to a new Wells Fargo forecast.

Builders are very upbeat, despite the challenges they’re facing, said Mark Vitner, managing director and senior economist for Wells Fargo, who contributed to the Wells Fargo 2022 Construction Industry Forecast.

Read the full subscription story from the Phoenix Business Journal.

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