The construction landscape is constantly evolving. From continuing labor shortages to ready-to-deploy tech solutions, a range of forces is currently influencing project delivery across the U.S. It takes agility, flexibility and creative operating strategies for construction executives to keep projects on schedule and within budget.
Here are some of the latest construction trends to help your company stay ahead of this dynamic sector’s ever-changing curve.
1. Rising Labor Costs and Skills Gap
The rise of hybrid working, an aging workforce and increasing wages across multiple sectors are making it difficult for construction firms to secure skilled talent. This can directly impede their ability to complete construction projects.
Reprinted courtesy of Mike Putnam, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.