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Pipeline Updates, Oil and Gas Spending, and Supply Chain Woes. The outlook for construction is a slow but steady path to recovery. Modest economic growth should continue as the year progresses; however, challenges with labor, materials and inflation will persist.
Trends, disruptors and challenges to watch closely.
January 3, 2022
Economic trends, such as rising prices for raw materials; challenges, including supply chain issues and labor shortages; and technology disruptors, such as the Internet of Things, will require manufacturers, suppliers, contractors and retailers to be nimble in the coming year.