Skanska's Approach To Increasing Small-Business Opportunities And Strengthening Communities

Barchart·12/12/2025 03:52:14

After 15 years of working across the construction and electric utility spaces, and three with Skanska USA Building, Skanska National Director of Subcontractor Engagement Joycelyn Yue has seen just how quickly commercial real estate can shift. While market cycles might have once followed steady, predictable rhythms, they now move faster, with new variables shaping every turn.  Recent data underscores this volatility. KPMG reports that private nonresidential construction spending slipped 0.4% in May, even as input costs, excluding labor, rose nearly 2% year-over-year. Manufacturing work has softened as well, particularly in electronics and battery production. In Q1 2025 alone, roughly $6B in battery...