The Future of Home Building
A lack of innovation and skilled labor means construction is in for a major reckoning and disruption in the future.
Tag: Off-site construction
Deepening Construction Labor Shortages Affect Economic Growth
A new survey by Autodesk and the Associated General Contractors of America (AGC) shows that 80 percent of construction firms interviewed reported a shortage of construction professionals.
5% of All New Builds Could be Modular and Off-site by 2021
Modular off-site construction has the potential to solve many of the inherent issues that dog traditional building methods.
Immigration Changes Cause Construction Chaos
The construction industry is one of the most labor-intensive in the US which is why a tightening of immigration regulations poses a problem. One report found a 67% decline in Mexican immigrants which led to there being 570,000 fewer Mexican-born construction workers than there were in 2007. Workers in the construction industry have returned to… Read more »
Labor Shortage Worsens as Young People Opt Out of Construction Jobs
The building industry is not keeping up with demand. Labor shortages mean not enough new homes are being built and that results in higher prices. The number of workers who are 24 and under has declined by 30% in 48 states, according to the analysis of U.S. Census data by Issi Romem, chief economist at… Read more »