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‘Strong Fundamentals’: Reviewing Deloitte's 2025 Engineering and Construction Outlook
By Michelle Meisels
January 29, 2025
The construction industry in 2024 was defined by strong fundamentals, marked by a 10% increase in nominal value added and a 12% increase in gross output. Construction spending crossed $2 trillion and maintained a balanced trajectory in the first half of 2024. Despite facing a per...
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Construction Industry Must Attract 439,000 Workers in 2025
By ABC
January 24, 2025
WASHINGTON, Jan. 24—The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors. In 2026, the indus...
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Five Essential Tips to Recruit and Retain a Gen Z Workforce in 2025
By John Lack
January 17, 2025
According to the U.S. Bureau of Labor Statistics, nearly 23% of construction workers are at least 55 years old. Since the average U.S. construction worker retires in their early sixties, nearly one-fourth of the industry’s workforce is expected to retire within the next decade. T...
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Bridging the Expertise and Knowledge Gap From a Retiring Generation of Builders
By James Norris
December 20, 2024
The goal of AI in construction should be to manage risk better than ever before. This is how we keep our people safe and, frankly, it is how builders make money. Whoever manages risk best wins! Years ago, I heard from a head of construction operations that the goal of a construct...
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What You Need to Know About the Dirt World
By Grace Calengor
December 11, 2024
The two-year-old Dirt World Summit, started in 2023 by BuildWitt and sponsored by Ariat, is taking the construction workforce by storm in all the best ways. Debuting with an attendance of 750 registrants—including exhibitors, speakers and audience members—Dirt World nearly double...
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Construction Job Openings Down Nearly 40% From a Year Ago
By ABC
December 6, 2024
WASHINGTON, Dec. 3—The construction industry had 249,000 job openings on the last day of October, 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 ...
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The Power of 'Why': Optimizing New Employee Onboarding
By Anne Lackey
December 4, 2024
Managing a new employee can be a challenge. A newcomer doesn’t know your company’s environment, routines, or do’s and don’ts. They’re hungry for validation, and you’re likely too busy to offer much. You have work to do, and getting another person up to speed adds more weight to y...
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Construction Can Look to Gen Z and Technology to Sustain Talent Pipeline
By Kit Dickinson
November 5, 2024
With a documented labor shortage in construction and an abundance of construction projects, construction business leaders in need of growing their workforce have an opportunity to tap into Gen Z to help build and sustain their talent pipelines over the long term.
Research publis...
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Casting Call: Recruiting the Next Class of Construction Leaders
By David McMillin
November 4, 2024
Construction firms have been struggling to attract enough trade professionals to keep projects on schedule, but there’s another mountain ahead that may be even harder to climb: finding new leaders who are comfortable standing at the top of the figurative ladder. When consulting a...
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Diversifying Your Construction Company's Trade Skills to Meet Growing Demand
By Anne Lackey
October 22, 2024
An experienced tradesperson who steps onto a property to address one problem will probably spot three more issues the owner should address, so there's always entrepreneurial value in learning multiple skills.
Consider the landscaper who can offer lighting services to enhance the...
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Record Rebound in Construction Job Openings in August
By ABC
Hurricane Beryl seems to have spiked construction job openings. While overall industry openings are down, hurricanes Helene and Milton could compound Beryl's effects.
Recruitment
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Construction Employment Increased by 25,000 in September
By ABC
For five straight months, construction sector job growth holds strong and is hopeful to continue.
Recruitment
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Construction Students Jam Out With Ty Pennington at National Skilled-Trades Competition
By Grace Calengor
SkillsUSA is a national skilled-trades competition that is quickly gaining a whole new audience through an online docuseries called SKILLS JAM.