The commercial construction industry will look to build upon some strong fundamentals in 2025, and commercial permits will be right there alongside it.
Construction was up 12 percent in 2024, including a 10 percent increase in value, according to an article from Deloitte.com. In all, the industry spent more than $2 trillion, employing 8.3 million people for the year.
The number of commercial construction permits fell slightly in September, down 3 percent with most of the statistical losses coming in the East Coast and Southern U.S. The West nearly made up for those losses by being up 9 percent, according to a building permits survey from Census.gov.
Looking forward to 2025, the industry could see some hurdles, including rising interest rates and inflation within both the residential and commercial sector. Government investments and a decrease in interest rates may help offset these challenges.
No matter what size commercial project you are working on, partnering with a permitting service offers financial benefits and peace of mind when navigating regulations. With services in 48 states and parts of Canada, Express Permits has the experience you are looking for in a commercial permit expeditor. Call us at (877) 898-9988, email us at sales@expresspermits.net with any questions or fill out our contact form to get the ball rolling.
For more on the 2025 commercial construction industry outlook, we recommend this article.
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