Since the 2008 economic downturn, growth in many industrial sectors has been flat or slow at best.
In many sectors growth is approaching, but has not yet returned to, 2007 levels. Recently however, several key factors signal the potential for positive growth throughout the construction industry this year.
National Business Capital & Services has prepared an infographic that highlights several current construction industry growth indicators.
These include increased employment in the construction trades, additional public and private non-residential spending among consumers, increased construction starts and more green building projects.
This information will be of interest to construction business owners, tradesmen, and their support industries, to enable these companies to position themselves for increased success in 2016. Here are the five key signs that growth in the U.S. construction industry is experiencing an uptick.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.