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Workforce shortage, increased costs worry New Hampshire construction industry

NH Business Review There’s growing demand for commercial, residential construction, but materials and qualified help are hard to find February 10, 2021 While some sectors have seen business plummet due to the pandemic, the construction industry seems to be moving ahead as usual in New Hampshire. Both residential and commercial construction projects are still in demand, but the ongoing workforce shortage and rising costs of materials are raising concerns. “We’ve definitely still seen a steady set of pre-development activity and applications” for funding for commercial projects, notes Katherine Easterly Martey, executive director of the New Hampshire Community Development Finance Authority. “That’s been good.”

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