While this is impressive, it also highlights the boom–and–bust market conditions in Florida — when a recession lands, the state is hit hard, but it then bounces back just as hard when the market picks up. 2020 will also see a slight step back in construction activity before increasing again in 2021. Total construction lands in the $12 billion range, with residential accounting for half of this, followed by infrastructure which accounts for 25% of the total volume. Non-residential construction looks to be steady over the coming years and is expected to see minor increases moving forward before breaking the $6 billion mark in 2022. Private development is the key driver for the market, far surpassing public spending, and it would appear that a large portion of project funding is being received from out of state, including from Los Angeles and New York. Orlando has benefited from the influx of skilled trade, the numbers of which continued to increase in Q2, hitting a high of 87,000 workers employed. This has helped to keep escalation at a reasonable average of 4.5%, despite construction spending way above the national average. Overall, the market is looking steady and promising for the region.