By: John Ryan, Metal Construction Association
According to a “State of the Metal Construction Industry” report published by Metal Construction News recently, modest growth is expected for the industry in 2013. Viewpoints from several industry experts were included in the report, and most agreed that residential construction would be a key growth driver for the industry in the near-term, with additional highlights including manufacturing facilities and the energy sector.
Though the panel of experts is optimistic, there are some threats to the growth and profitability of the industry. The two biggest threats come as no surprise: continued economic uncertainty and a challenging political environment.
Other highlights from the state of the industry report include insights on building green, how technology is changing the industry, and outlooks on how the industry will evolve over the next 10 years.