Much of the United States is in growth mode. More people and changing demographics represent a shift. Construction in healthcare, education, housing, and other sectors is struggling to meet demand. The commercial building industry is booming and it isn’t likely to slow soon.
This sort of economy creates opportunities, but it also creates challenges. Demand is ahead of supply on the economic curve which leads to higher costs. This fact is evidenced by the frequency of material price increases recently encountered. Labor is following a similar trajectory, and is one of the greatest challenges commercial flooring contractors must face, both today and for years to come.