by Freedonia Industry Studies
June 23, 2020
A recent article highlighted yet another indicator that the US economy is slowly returning to normal: increasing demand for warehouse space. This has been driven by:
This need for more warehouses, local fulfillment centers, and other sites for storing and moving goods represents a tremendous opportunity for the construction industry, as these structures tend to require significant quantities of:
In addition to the materials themselves, hundreds of skilled tradespeople will be required to erect these buildings, install their components, and keep them operating over time – further boosts to the US economy as it recovers from the coronavirus pandemic.
For more information and discussion of opportunities, see The Freedonia Group’s extensive collection of off-the-shelf research, particularly in the Construction and Building Products area and Global E-Commerce. Freedonia also offers an expanding catalog of COVID-19 Economic Impact reports, which highlight how various industries are responding to the current crisis with a comparison to recent recessions. Freedonia Custom Research is also available for questions requiring tailored market intelligence.