Productivity

The shortcomings of traditional project delivery methods are well known to construction professionals. The cost and risk-shifting strategies of project owners, contractors and design firms are intended to address which entities are exposed to loss. These strategies frequently res...

WASHINGTON, Aug. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator held steady at 8.4 months in July, according to an ABC member survey conducted July 22 to Aug. 6. The reading is down 0.9 months from July 2023. View ABC’s Construction...

Skilled construction professionals have mastered the art of balancing construction’s four M’s–money, manpower, machines and materials. Despite advances in capital management, machines and materials, managing construction labor is still a people challenge. This industry relies on ...

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 execu...

Associated Builders and Contractors recently released its 2024 Workforce Development Survey, which found its member contractors invested $1.6 billion to provide craft, leadership and health and safety education to more than 1.3 million course attendees nationwide in 2023, up from...

It's no secret that fluctuating labor shortages and supply-chain delays can present business challenges for contractors. Construction company leaders must think proactively about future operational interruptions. Speeding into the second half of 2024, labor shortages, the supply ...

WASHINGTON, June 4—The construction industry had 338,000 job openings on the last day of April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as an...

2024 is slated to be a record year for manufacturing construction, with Dodge Construction Network forecasting $112 billion in project starts. Demand is skyrocketing for both new facilities and updates to existing infrastructure for semiconductors, energy, data centers and other ...

In 2023, despite the proliferation of digital tools and advanced management programs, the construction industry still grappled with project delays and cost overruns. A staggering 98% of projects face these challenges. As highlighted by McKinsey, many construction sites, while ma...

Whether renovating a home or designing offices for a startup, every structure reflects those who work in it and become patrons of it. That is why construction professionals and contractors must connect with customers uniquely because their work is personalized. Communication is t...