Despite the labor shortage and rising costs of materials, the construction industry is growing.
Key takeaways
Investment figures are driving a surge in construction technologies.
How can contractors ensure they're shovel ready?
Tackle labor and material challenges, and prepare for growth
The market is back. Residential, commercial, and government contractors are all massively busy amid a huge influx of work. Despite the labor shortage and rising costs of materials, the construction industry is poised to grow by nine percent in 2022. Alongside this, there has been a surge in construction technologies in recent times, driven by strong investment figures into the sector.
But with the construction industry labor shortages and the cost of construction materials rising amid so much work, how can contractors ensure that they’re always shovel-ready? It will take planning, calculation, and honesty.
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