New Construction Trends
With the year well underway, there are some continuing trends in the construction industry to keep an eye on. These trends can vastly dictate how commercial and residential construction will play out for the rest of the year and on into 2017.
Prefab Growth
One of the first trends is offsite, modular, or prefabricated construction. Despite what term you prefer, the growth in prefab construction is hard to deny. Companies have been going this route due to a reduction in construction time and the potential cost savings that it affords. As of right now, the cost savings might only be relevant for large scale companies whereas the adjustment in building process serves as a deterrent to smaller companies.
Going Green
Originally, commercial construction benefited from green construction with LEED certification becoming commonplace. However, the green adoption is now starting to spread to the residential sector, with eco-friendly consumers looking for a more environmentally friendly home. This demand is led by the potential cost-savings that a homeowner might obtain from a high efficiency home. Eco Insulation is a perfect choice for the environmentally conscious homeowner, builder, or commercial construction company.
Homeowners Seek Walkability
In addition to an environmentally friendly home, homeowners are also seeking a community lifestyle. Walkability is beginning to play a pivotal role in the home-buying process. Residents want to be able to reach public transportation or enjoy a vibrant downtown scene within a couple of blocks. More and more commuters are looking for ways to ditch the daily commute in favor of transportation that either lets the work while they commute or get exercise while they commute.
Labor Shortages Will Hinder Construction
One issue that has been and will continue to plague the the construction industry is the shortages in skilled labor. When the recession happened, many employees were either let go or left the construction industry. Unfortunately since economy has turned over, those same employees have not returned. It could be years before the numbers return to favorable standings.
For more information, contact Eco Insulation online for a quote, or call us at 563-223-8681.
