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Commercial Building Construction in the US

  • ID: 1208456
  • March 2015
  • Region: United States
  • 36 Pages
  • IBISWorld
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Built up: Rising corporate profit and decreased office vacancy rates will boost demand

Commercial Building Construction in the US

Though revenue growth faltered in the beginning of the five year period to 2015, the Commercial Building Construction industry has benefited from an increased demand for office space since 2012. A strained financial sector at the start of this period hindered business activity, leaving little need for new commercial space. In the coming years, corporate profit is anticipated to increase, indicating a healthy and dynamic business sector. Coupled with decreasing office vacancy rates, these factors are expected to cause industry revenue to increase.

This industry includes those companies primarily responsible for work on the construction (i.e. new construction, additions, alterations, maintenance and repairs) of office, retail, hotel, agricultural and entertainment buildings. Participants are general contractors or project managers. This industry excludes institutional buildings (e.g. hospitals and schools), heavy industrial buildings (e.g. factories and power plants) or infrastructure (e.g. communications towers or oil pipelines).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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Turner Construction Co.

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  • Turner Construction Company
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