Sublease availability and new construction deliveries continue to decline, creating the conditions for “cautious optimism” in the sector, Cushman & Wakefield says. 

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Chief Operating Officer Joe Creed will assume the lead role after CEO Jim Umpleby steps down May 1, with a somewhat rocky road ahead for the company amid softening sales expectations and tariff uncertainty. 

Chief Operating Officer Joe Creed will assume the lead role after CEO Jim Umpleby steps down May 1, with a somewhat rocky road head for the company amid softening sales expectations and tariff uncertainty. 

Over 40% of contractors anticipate a slowdown in profit margins in the next six months, according to Associated Builders and Contractors.