Seattle’s Construction Contraction: A Deep Dive into the 2023 Industry Downturn and Outlook for 2024

In 2023, the construction industry in the Seattle-Bellevue-Everett metro experienced a significant downturn, reflecting broader market volatility and economic challenges. New data from the Associated General Contractors (AGC), using estimates from the U.S. Bureau of Labor Statistics, reveals a concerning trend in one of the country's key metropolitan areas. Seattle's construction sector saw a reduction […]