Supporting the nation’s growthThe 2020 recession was among the shortest ever, but its impact continues to be observed across both the larger US economy and the engineering and construction (E&C) industry. In 2022, as we move into the second year of recovery, the industry has a big role in supporting the nation’s growth plan. The residential segment is expected to stay strong and exhibit similar activity as it did in 2021. The industry has increased its investments in digital, including through mergers and acquisitions (M&A), as it prepares to shift toward connected construction capabilities. 2022 is likely to be an exciting year for the engineering and construction industry, and our annual outlook explores five key themes to watch closely.

Source: The North Africa Journal August 05, 2022 06:01 UTC