ENR Top 600 Specialty Contractors: Data Surge Juices Market Rise
AI Article Summary
The ENR Top 600 Specialty Contractors report highlights the impact of the tariff war initiated during the Trump administration on the construction sector. Contractors have reported a notable increase in material costs and accelerated project timelines across jobsites. These economic challenges have influenced the market dynamics for specialty contractors.
What This Means for Canadian Contractors
For Canadian builders, the ongoing tariff impacts demonstrate the need for strategic planning around material procurement to hedge against price surges. This situation underscores the importance of prefabrication and modular construction to keep project timelines on track. Builders need to remain adaptable in managing supply chain disruptions to minimize negative effects on cost and schedules.
