Paul Brussow, President of RLB North America, recently joined The Peggy Smedley Show as a guest, where he offered his perspective on the current state of the construction industry and what lies ahead.
During the conversation, Brussow discussed several key issues shaping today’s market, including fluctuating interest rates, ongoing labor shortages, and how developers are responding to continued economic uncertainty. He also explored how broader factors, such as the long-term impacts of COVID-19 and evolving tariff policies, are influencing project planning, costs, and overall market confidence.
A central theme of the discussion was the industry’s cautious optimism heading into 2026. While last year proved to be slower than many anticipated, Brussow noted that the market is actively adjusting and recalibrating. Developers and contractors alike are adapting to a “new normal,” balancing risk with opportunity as conditions stabilize.
Overall, the conversation highlights a construction sector in transition, facing challenges while positioning itself for more steady growth in the near future.
To listen to the full podcast, visit here.
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