Good News: Construction Activity Is Up!
Although things seem slow, construction activity is up. According to McGraw-Hill Dodge Reports there was a 15% increase during June in the Intermountain Area. New Commercial construction starts also saw a 10% increase, multifamily housing is up 16%, healthcare facilities are up 8%, and utility projects are up a whopping 28%.
Retail projects saw a decline, but alterations to existing retail spaces showed growth.
Click the green play button to listen to Dave Wright’s report: