This past year has been a tough one for U.S. construction, with the value of new project starts down by a quarter from 2008 and industry unemployment standing at 19.4%. Still, that amounts to $419 billion in starts, and nearly six million people working on meaningful projects. Many more will be needed soon. All recessions eventually end, and when this one does, the industry must once again struggle with the issue of how to attract people into construction and keep them there in rewarding careers. Photo: Alissa Hollimon Submitted by: Jen Jonas, Zachry Holdings Inc., San Antonio, Texas Manuel Anselmo-Arroyo
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.