Commercial construction poised for rebound

commercialAZRE

By Mark Minter, executive director, Arizona Builders Alliance

Joe DuVall, president, ABA, project executive, Kitchell

Sometimes, it looked like the Great Recession was never going to end. Layoffs, shrinking or non-existent margins, projects that bid but never got built all seemed to be the order of the day in recent years.

It looks like the years of frustration may be over. Recent trends in Arizona indicate that construction job numbers are on the rebound and projects with real financing seem to be working their way back into the market. In the last year, Arizona experienced 2-percent growth in construction employment — the first real job growth experienced in construction in a number of years.

Continued:

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August 2015
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