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...
The construction trends of 2024 signaled a clear departure from traditional practices, with a renewed emphasis on adaptability and sustainability. Advances in robotics and modular construction will likely become standard practice, streamlining project timelines and reducing costs. At the same time, governme...
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...
One of the most radical new trends in the construction industry is the use of living building materials. Searches for “living building material” have increased by 4,900% over the last 5 years. This part of the industry is still very young, but there are signs of increased adoption. Whe...
3. 2023 Trends: Advanced Innovation in Construction “Effective risk management, unlocking operational efficiencies, and driving faster payment cycles will be front and center for construction companies in 2023 especially as an uncertain macroeconomic climate persists. Against this backdrop, we expect to...
Discover what emerging trends will play a key role in construction across Europe, the Middle East and Africa in 2023.
Construction Industry Trends: March 2024 Roundup March was a bit of a mixed bag for the construction industry. A $400+ million hospital project broke ground in Florida while a $1.5 billion mixed-use project in Detroit stalled. A group of contractors filed a lawsuit against the new PLA rule....
Life Sciences Q3 2024 Town Hall Construction Trends After the mad dash for lab/R&D space that began in late 2020, the amount of lab/R&D space under construction in the top 13 U.S. life sciences markets peaked at nearly 40 million sq. ft. in Q2 2023. Net absorption in the sector pea...
and flexibility. These trends not only reflect the changing needs of businesses and consumers but also a shift towards more environmentally responsible and user-friendly designs. As the industry continues to evolve, staying abreast of these trends will be crucial for developers, architects, and busine...
41. Over 60% of construction accidents occur within an employee’s first year of work, highlighting the need for proactive, high-quality training. [BLS] The State of Construction Safety in 2024 Doubling down on safety in construction requires investment in proper education for workers. Techniques...