The Pulse | Q3 2023 Edition | Greater Boston Market
Contractors in the Northeast and throughout the US still have solid backlogs extending throughout 2023 and 2024. Interest rates hikes, pricing volatility, employees not working in their physical offices, and other macro stressors have dampened many market sectors. Developers are cancelling or pausing some permitted projects for large buildings / facilities on spec and the tenant interior market is slow. Academic, healthcare, and the large-scale residential markets continue to be strong. This update is a snapshot of today and we implore you to reach out with questions should you have any.
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