- December 4, 2025
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The construction industry party, if not totally shut down in 2020, at least started to dim the lights.
But while not rocking wild gains of years past, the contracting sector in the region is gearing up for some revelry. As a group, the largest contracting companies in the region, per the Business Observer annual Top 50, totaled $6.08 billion in revenue in 2021. While that’s down -7% from $6.54 billion in 2019, it’s up 4.64% from $5.81 billion in 2020.
On an individual company basis, there was also something of a reversal of fortune: in 2020 half the companies on the Top 50 posted an annual decrease in revenue, while in 2021 that number fell from 25 to 13. Two companies were flat in revenue year-over-year, while the other 35 posted gains in 2021. And, notably, of the 35 that were up, 28 of those increased revenue at least 10%.