As 2021 comes to a close, a common theme is uncertainty. This year is headed to a close amid a significant amount of questions and debates regarding the infrastructure bill and proposed tax changes; lingering questions about COVID-19 vaccine mandates; supply chain issues, delayed projects, and labor shortages; and questions about how to plan for a future that seems more uncertain than ever before.
This article will review the changes and uncertainty facing the construction industry, offer guidelines on planning, and explore how to implement a solid data strategy to navigate those changes.
BKD is a principal partner of the Construction Financial Management Association (CFMA). This resource first appeared in its magazine, CFMA Building Profits, and was posted on bkd.com with permission. BKD Trusted Advisors™ are regular contributors to this publication. Questions? Contact us today!