we asked more than 20 construction industry thought leaders and insiders to share their trends and predictions for 2023. This year, we've broken down their insights into three main focus
That's about it for our list of important construction industry trends for the next few years. Overall, environmental sustainability and software adoption seem to be the overriding themes that tie many of these trends together. Interestingly, these themes also tend to result in cost savings. Which...
from scheduling andclosing projectsto hiring workers to meeting with clients. Looking forward, many industry trends will be affected by the fallout from the pandemic. New technology continues to change the construction site, improve the ability to win projects, and increase profit margins. Trends...
Below are the top seven construction industry trends for 2024. 1. A Shortage of Workers for Construction Companies Image credit: Shutterstock/Owlie Productions Currently, the construction industry has the second-lowest unemployment rate on record, which has continued since 2023. The demand for construc...
Here are the top construction technology trends to watch in 2023 that can help the industry achieve these goals and set itself up for long-term success. Trend #1: Using Robots to Address Labor Shortages What once felt like a futuristic improbability is now a growing reality—robots on construct...
the construction industry in Europe will barely grow in the next couple of years, with an 0.2% uptick expected in 2023 and zero growth forecast for 2024. That’s down from its earlier prediction of 2% growth in 2023. Meanwhile, residential construction rates are expected to contract by 2% ov...
Six Lost in the Francis Scott Key Bridge Collapse Six members of the construction industry were lost in the tragic Francis Scott Key Bridge Collapse on March 26. The men working on the night shift were filling potholes on the bridge when the Dali, a Singapore-flagged shipping vessel, struck ...
Trends in AEC Marketing for 2023 Content marketing, MarTech, ESG and IMC are only a few of the advancing ways the architecture, engineering and construction industry is tackling the social and economic effects of technology. By Brian Gallagher | April 17, 2023AAA...
The other major impact of COVID-19 was to accelerate and exacerbate earlier trends involving labor and supply issues. Contract terms need to be updated to share the risk of those items more fairly, and some key issues to review are:
9. Forbes."The Construction Industry Is Getting Greener: Why, How, And What’s Changing?".August 2021. 10. The New York Times."Ford Will Build 4 Factories in a Big Electric Vehicle Push".September 2021. 11. Green Builder."7 Building Trends ...