Despite ongoing labor shortages and rising costs, commercial service contractors are entering the second half of 2025 with cautious optimism, according to a new industry report from ServiceTitan and Thrive Analytics.
More than two-thirds of contractors surveyed reported stable or growing revenues through May, and 53% are optimistic about the market outlook for the rest of 2025 and beyond. The survey, which gathered insights from over 1,000 contractors working primarily in mechanical, electrical, and plumbing services, highlights a mix of confidence and persistent operational pressure.