Top 50 Contractors: $6.5 billion in revenue

By one key metric — overall revenue growth — the region’s construction sector continues to blow past any signs of a slowdown. To wit: For the second straight year, the cumulative revenue growth of the region’s 50 largest contractors increased at least 15%.

In 2019, the top 50 posted a total of $6.45 billion in revenue, up 15.1% over $5.6 billion in 2018. That comes on top of 15.4% growth in 2018 over 2017. (To make the Top 50 Contractor list, companies must be based in the Business Observer’s coverage area, from Polk County south to Collier County. Companies must be in some type of contracting field: electrical, general construction, roofing and more. Data is self-submitted.)

Yet a deeper dive into the data reveals some potential pitfalls for the industry as it navigates a host of issues, from the rising costs of materials to labor challenges and shortages. And looming in the background: any potential impact of the coronavirus scare impacting communities and businesses worldwide.