Construction Industry Trends for 2017

The Giannetti Contracting Corporation is a Detroit, Michigan-based company with offices in Pompano Beach, Florida. The company provides underground utility construction services to businesses and government entities in southeast Michigan and south Florida. The types of projects typically undertaken by the Giannetti Contracting Corporation include work on office complexes, residential developments, wastewater treatment facilities, and shopping centers.

In 2017, the construction industry is expected to experience several positive trends. Foremost, professionals anticipate that the sector will see a growth increase of over 6 percent, a trend that may continue into 2018. The largest growth is projected to be found in projects related to lodging, healthcare, and office buildings.

Another important development for the construction industry in 2017 may come in the form of increased reliance on technology and the use of the Internet of Things (IoT). Augmented and virtual reality tools have the potential to provide workers with an enhanced ability to visualize, design, and collaborate on projects. Wearable technologies will also play a role in monitoring employees to make sure that they are aware of - and protected from - potential hazards in the field.