Trends in Construction for 2025
Monday, January 20, 2025
In 2025, construction and related industries face rising costs from inflation, labor shortages, and supply chain disruptions. Legal risks are increasing due to stricter safety regulations and contract disputes. Insurance claims are impacted by costly "nuclear verdicts" and defect disputes. Environmental challenges, such as extreme weather and heat, further strain operations. To mitigate these risks, businesses should strengthen financial planning, stay legally compliant, invest in safety and tech, and improve disaster preparedness.