More than a decade after the Great Recession brought the construction business to a standstill, the industry has rebounded. Oregon’s construction industry has expanded by 10% in the past year, employs over 100,000 people, and remains the fastest-growing sector in the state, according to The Oregonian.
Although some factors are hindering the industry from reaching its full potential, it is on the right track. As the state enjoys good growth levels in construction, let’s look at what has been boosting growth in the past few years. Here are elements influencing the industry’s rise.