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20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. What trends will determine the industry? And what does that mean for you?

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

These data points portray the current state of affairs while also forecasting what’s to come. 9.9 * trillion estimated in global construction output by 2025. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% It accounted for 44% of total global construction in 2020.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

trillion estimated in global construction output by 2025. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% In 2022, APAC construction experts expect growth in private residential, commercial, and infrastructure to be up 12%, 15%, and 50% respectively. Rise of Technology .

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How the Construction Industry Is Rethinking Workforce Development

Pro Builder

With that, HBI’s 2022 Homebuilding Engagement Study found that 35% of the residential construction workforce was thinking of quitting their current jobs, and that half of those were considering leaving the field altogether. . He estimates that the market’s construction activity could absorb another 20,000 workers.

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2020 Builder of the Year: True Homes—a Culture Like No Other

Pro Builder

2020 Builder of the Year: True Homes—a Culture Like No Other. Wed, 12/02/2020 - 12:30. True Homes is Pro Builder 's 2020 Builder of the Year, in large part because of the home builder's purpose-driven company culture, which is yielding truly amazing results. Mike Beirne, Senior Editor. And it works. Photo: courtesy True Homes.

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Economic Outlook 2021

Pro Builder

The supply chain for residential construction is tight, particularly regarding the cost and availability of lumber, appliances and other building materials. These estimates represent a 184% and 190% increase in single-family and multifamily builders’ lumber costs, respectively, over the course of the past year.

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Mon, 08/03/2020 - 13:00. However, through May 2020—the latest data available at press time—there was an increase in homes sold that had not begun construction (light blue line, below), rising 29% year over year to a total of 71,000. Meanwhile, despite double-digit unemployment nationwide, new-home sales are estimated to be 1.9%

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