U.S. nonresidential construction spend is elevated but slowing, backlogs remain high, and the project pipeline has shifted into low gear. Construction wages and active employment continue to increase even as the number of job openings has declined, highlighting the need for qualified workers as retirements continue.
Meet the Author
Brandon Michalski
Principal, Construction Economist
Brandon Michalski is the lead economist for MOCA Systems, Inc., a leading owner’s representative firm providing program and project management services. Brandon’s decade in the mining and heavy construction industries provides a foundation for subject matter expertise. He holds a Master of Science in Applied Economics from Johns Hopkins University in Baltimore, MD as well as a Bachelor’s Degrees in both Mining Engineering and Biology from West Virginia University in Morgantown, WV. Brandon currently lives in Chicago, Illinois with his family and enjoys hiking and camping.