michael davies

Nov 1, 2024 | elevatorworld.com | michael davies |Angie Baldwin |Lakshmanan Raja |Kaija Wilkinson

While the markets waited for Federal Reserve Chair Jerome Powell to drop interest rates in September, the construction industry was not waiting around. Construction starts jumped 4% in the first eight months of 2024, while groundbreakings climbed 6% the last month of the summer. Experts at Dodge Construction think the momentum should continue, especially as we move to the first quarter of 2025. Even when times are good, however, there is always something to worry about.