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Construction Workforce Shortage Tops Half a Million in 2023, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors.

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ABC, AIA and NAHB Economists Predict Industry Growth Through 2017

Construction Superintendent Magazine

. – Associated Builders and Contractors’ Chief Economist Anirban Basu, American Institute of Architects’ Chief Economist Kermit Baker and National Association of Home Builders’ Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a recent joint economic forecast.

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ABC Predicts Construction Sector Will Remain Strong in 2019

Construction Superintendent Magazine

. — Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.

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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be. To avoid this, you should abide by all industry standards for storing construction materials, especially if you do business in a harsh climate. Construction inventory is expensive. About Sortly.

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Meet the Insider: Mallorie Brodie, CEO of Bridgit

Autodesk Construction Cloud

Between labor shortages and the underrepresentation of diverse groups in construction, the industry is facing a serious challenge. Associated Builders and Contractors (ABC) estimates that around 1.2 How did you get into the construction industry? Construction runs in the family! It felt natural to jump right back in. .

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5 Ways to Protect Your Bottom Line with Autodesk Construction Cloud 

Autodesk Construction Cloud

The construction industry is no stranger to challenges, and the latest wave of rising costs is putting many firms to the test. Connecting time and cost Decisions made using “bad data” are estimated to have cost the global construction industry $88.69 billion in rework alone.

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The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . If you’re an SMB in the construction industry, you’ve likely built a strong reputation that helps you win new and repeat business. . Unfortunately, the industry is struggling to accomplish this. .

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