Like many of you, VERTEX uses the start of a new year as the time to review and improve ourselves. As a lead technical services firm in the construction, environmental and engineering industries, VERTEX also routinely monitors the economy and our clients’ industries to best position our services in order to meet the anticipated market demand. With falling unemployment and oil prices, not to mention record corporate profits and rising tax revenues, 2015 is poised to be a banner year in the construction industry – private markets will continue to grow and public markets will realize a mild rebound after several years of flat or negative gains. While labor prices will escalate, material prices should be held somewhat in check due to the slide in petroleum prices.
So what does it all mean to you, our clients?
Mr. William J. McConnell, PE, JD, CDT, the CEO of The Vertex Companies, Inc., provides his ninth annual State of the Construction Industry update herein. Pull up your chair, take a long sip of your coffee, and come away with more perspective on 2015.