VERTEX has Experts that Talk the Talk and Walk the Walk.

Unlike others, VERTEX provides forensic consulting alongside traditional AEC services which allows for a 360 degree view of your project.

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Our forensics experts work alongside AEC specialists which enhances our skills and bolsters the credibility of our expert consultants.

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VERTEX delivers innovative solutions on complex projects globally.

Since 1995, VERTEX has completed over 90,000 projects.

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VERTEX believes in a Lifetime of Learning philosophy.

Stay current with our industry experts as they share their insights and knowledge on the built environment.

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VERTEX is looking for talented individuals to join a highly technical team of forensic consultants, design engineers, construction managers, and environmental scientists.

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Have a question or want to speak with a technical professional?

VERTEX is a multi-discipline firm with global coverage. Our international network of resources enables us to provide multi-national clients with the most qualified local professionals who understand the culture, language, and regulatory framework.

Call Us: 888.298.5162

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Call us at 888.298.5162.

Construction site with cranes

State of the US Construction Industry in 2022

July 7, 2022

Growth Remains Strong While the Industry Braces for the Looming Recession. What does this mean for contractors, owners, and surety providers?

2022 has been a highly volatile year for the US economy as the population braces for the looming recession. The perfect storm of recessionary indicators is in place. The yield curve inverted. The equities market dropped by over 20 percent into bear territory. The FOMC initiated its QT program and scheduled a series of rate hikes. 30-year mortgage rates are at a 11+ year high. Inflation is at a near 40+ year high. GDP in Q1 was negative. Labor force participation is at a near 45+ year low. Gas prices at the pump are at an all-time high and oil inventories are at an 8-year low. Supply chain issues due to COVID-2019 continue to persist. Geopolitical issues are on the rise due to Russia’s attack of Ukraine. All the while, the unemployment rate remains at a near 50+ year low and the construction industry is coming off two of its greatest growth years.

What does all this mean to the construction industry for the second half of 2022 and 2023? VERTEX’s CEO, Bill McConnell, will answer this question and more during his annual State of the Construction Industry report on July 19, 2022, so don’t miss it.

Submitted for 1.0 hour of CE credit in Texas, West Virginia and Florida.

Submitted for 1.0 hour of CLE credit in Illinois, Pennsylvania and Washington.

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