Winston Engineering Inc.

Healthcare Construction Continues to Thrive

“Despite rising labor and material costs, construction of healthcare facilities continues to be at an all-time high.

The Federal Reserve Bank of St. Louis’ (FRED) September 2022 healthcare construction report shows that total healthcare construction spending in the United States reached almost $51 million in July 2022. Spending in this arena had hit one of its highest peak in November 2008 ($49 million). They remained unmatched until March 2020, with $49.2 million spent, and the numbers have been fluctuating in close proximity since.

Read the article HERE

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