We have braved the cold, short days of winter and are squarely in the start of spring as the weather is warming and the sun is setting a touch later. And with this change of the seasons comes the start of the second quarter of 2023, a year the construction industry came into with caution and uncertainty.
We kicked off the year with plenty of unanswered questions around awarded projects commencing, when we will start to see infrastructure spending, labor challenges and the ongoing battle with inflation, which continues to spur interest rate hikes.
With the first quarter of 2023 behind us, do we have any clearer answers now? As an advisor, student and practitioner of the construction industry, it felt only natural to reflect on and share some observations and takeaways from what we have experienced over the last three months