Category: Construction Trends

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Construction Industry Technology Trends in 2021

Construction Worker with Laptop

The construction industry is a powerhouse, adding more than $900 billion to the US economy in the first quarter of 2020, then disaster struck. COVID-19 caused a massive slowdown claiming almost a million jobs and over $60 billion of revenue. Obviously, companies exposed to COVID-19 affected segments were hit harder, but that wasn’t the only determination of weathering the storm. Companies that could react to the changing realities on the ground through capitalizing on advancements in technology to meet the needs of a diminished workforce and lower overhead costs seem to fair much better. While this wasn’t the only factor, there are significant trends occurring in the industry and much room for optimism.

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Whats Trending in Construction October 2020

In this month’s edition of “What’s Trending in Construction,” we feel it appropriate to focus on two things that we know will strongly shape the industry over the coming years; infrastructure and technology. Adapting to the industry by incorporating these undeniable trends will pay off by increasing profitability and productivity for you and your team.

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What’s Trending in Construction: September 2020

We’ve found amazing optimism and growth as our economy roars back from an unprecedented national shutdown. Capitalism is answering the call in support of socio-economic shifts at an unprecedented rate, Federal and state governments are investing heavily in infrastructure to support the return to a booming economy, and construction is playing a major role in both.

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Gadzoom: What’s Trending in Construction August 2020

In this month’s edition of “What’s Trending in Construction,” we’re focusing on construction sectors that are seeing major growth and success in spite of the current climate. As companies and states learn to deal with major hurdles associated with this pandemic, some are actually capitalizing on the effects, making positives out of a big negative and proving the resilience of American capitalism. 

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2020 Construction Outlook: A Midyear Update

In late 2019, the outlook for 2020 for the construction industry nationally was positive, although with a much slower expected growth rate.  But, the COVID-19 pandemic caused a shift in project timelines and a drop in the sectors’ labor and employment.