The start of a new year always brings new possibilities, and PHVAC industry pros are cautiously optimistic about new opportunities in the coming year.
“Statistics tell us that U.S. residents have taken a greater interest in their homes and are now investing more in their upkeep,” says Dominic Sims, CEO of the International Code Council. “With that in mind, we are already seeing the construction and residential real estate industries rebounding. According to an analysis by the Associated General Contractors of America of government data, construction employment increased by 84,000 jobs in October, with jobs added in both nonresidential and residential categories. While this increase can be contributed to pandemic-induced social distancing, which has led to society placing a greater emphasis on the design and comfort of the home, we are expecting this trend continue long into the future.”