Numbers Reveal Construction Industry Trends & Issues
Numerical data based on a recap of the 2017 construction industry is telling, including $1.6 trillion in opportunity cost due to the industry’s hesitation to adopt new technology, and the $200 billion in estimated damages from Hurricanes Harvey and Irma. Some of the statistics are staggering and surprising, some, such as the ongoing impact of skilled labor shortages, are troublesome, but all of the data reflect tremendous market opportunities as well. Read more for an insight into what to watch in 2018.