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Three Safe Construction Bets During Economic Volatility

MIAMI—“These categories tend to be stable and in-demand regardless of economic volatility, and they demand a higher level of skill from the construction team.”

Skanska USA’s executive vice president and general manager for Florida, Fred Hames Skanska USA’s executive vice president and general manager for Florida, Fred Hames

MIAMI—Retail and condos are still hot right now, but when the economy shifts these sectors are likely to slow. While multifamily seems more stable, some are already anticipating that spring will eventually stop flowing as strong.

So where should contractors look when the springs dry up? GlobeSt.com caught up with Skanska USA’s executive vice president and general manager for Florida, Fred Hames, to get his thoughts on the industries to bank on the final installment of this exclusive interview series. You can still read parts one and two: The Real Impact of the Construction Labor Crunch and Why Some Contractors Have a Leg Up With Labor.

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Jennifer LeClaire

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