According to the National Association of Home Builders, construction in suburban areas and small cities experienced a 15% rise over the past year. (Photo: Gorodenkoff/Adobe Stock)
A casual observer might think the U.S. construction market during a global pandemic would be in a state of disrepair. This is far from the case. The past 18 months have certainly presented challenges — from COVID-19 restrictions to mass housing uncertainty — and it hasn't been smooth sailing. But when assessing the emerging opportunities and risks arising from the transformation in consumer demand, it's clear the construction market is not stagnating but is as strong as ever.
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