National Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu authored an article on the impact remote work is having on commercial construction in the July/August issue of Construction Accounting and Taxation.
Construction Accounting and Taxation
Several construction segments stand to generate substantial amounts of work for contractors in the years ahead. Among these are manufacturing, health care, roads, bridges, schools, energy, water systems, and data centers. By contrast, office construction stands to be among the laggards, buffeted by remote work, slow labor force growth, elevated vacancies, and a lack of at-risk capital willing to support substantial new construction.