An Up and Down Year for the Construction Industry

With the COVID-19 Pandemic devastating our world and causing the loss of jobs and a major health crisis, the construction industry went on a wild rollercoaster ride like many other industries. After the lockdown of the majority of countries, construction slowed down at first because of CDC guidelines of social distancing. At the beginning, we didn’t understand how to handle the pandemic. After a while, construction got back to work.

Construction Spending Up in August

In August, the housing demand started rising, and the construction industry had to start spending more money on housing jobs. It’s crazy how the economy fluctuates, and how a pandemic can really put a damper on it. Construction spending has gone up since 2019 by about $37 billion, which is an interesting thought considering the pandemic hit us in 2020.

The Benefits of Construction Spending

This is a benefit for the construction industry. If the industry is spending more money for building houses, that means the market is going up. This also provides a benefit for the ESCO industry. If construction is booming, ground engaging tools/attachments will be in high demand. Construction relies on proper-running construction equipment and tools, and if your equipment isn’t running well, construction will be delayed. No one likes when construction takes longer than expected, which is why it’s encouraged to have updated ground engaging tools/attachments for your job.

Where Should Construction Companies Look for Ground Engaging Tools?

At Texas Contractors Equipment, we can provide ground engaging tools/attachments for construction companies and mining companies who are working on projects using heavy equipment and machinery. The housing market is currently trending upward, which means these home projects are in demand for quick and efficient construction.

Why Choose Texas Contractors Equipment?

We have been serving the Southeast Texas region for over 40 years supplying construction companies and mining companies with efficient ground engaging tools/attachments for their projects. We take pride in providing improved equipment, so we can see the infrastructure of Texas progress forward.

We’re hoping to see the housing market grow more, so we can help provide these companies with the tools and equipment they need to succeed. If you’re in need of new ground engaging tools/attachments for your construction and mining equipment, please don’t hesitate to reach out to a very trustworthy company. Contact Texas Contractors Equipment at 713-776-1212 today or visit us online for more information!