Since the 2008 economic downturn, growth in many industrial sectors has been flat or slow at best.
In many sectors growth is approaching, but has not yet returned to, 2007 levels. Recently however, several key factors signal the potential for positive growth throughout the construction industry this year.
National Business Capital has prepared an infographic that highlights several current construction industry growth indicators.
These include increased employment in the construction trades, additional public and private non-residential spending among consumers, increased construction starts and more green building projects.
This information will be of interest to construction business owners, tradesmen, and their support industries, to enable these companies to position themselves for increased success in 2016. Here are the five key signs that growth in the U.S. construction industry is experiencing an uptick.
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From SBA loans to lines of credit, to equipment financing, and more, business owners can access all the different financing programs available to them in one place. Through our streamlined process, we have helped clients secure $2 billion in financing since 2007, and, more importantly, we’ve helped entrepreneurs save a tremendous amount of time and grow faster.
Joseph Camberato, CEO of National Business Capital, developed a passion for business at a young age. Joe started his company in 2007 in his spare bedroom and has grown to secure over $1 Billion dollars in financing for small business owners nationwide. National’s team has an amazing culture and has been name the #1 Top Workplace on Long Island 3 years in a row and counting. Joe is a trusted financial expert who’s published more than 2,000 articles in the last 3 years. His articles have generated over 5 million page views and has been featured on blogs such as Google News, Yahoo, CNBC, Forbes Magazine, etc. His passion has also inspired him to build the "GrowByJoe” YouTube channel where he shares his insights into small business trends and tips for growth. Joe also holds a seat on Forbes Finance Council and is an active member of the Young Presidents' Organization (YPO), a global leadership community.