Articles Tagged with ''labor shortages''

Despite a surprisingly strong economy, construction industry executives report that they enter 2024 with much of the same trepidation they faced at the start of 2023.

Despite industry-wide challenges from labor shortages and frustrating supply chain snags, most specialty contractors across the West Coast saw revenue gains in 2022.

An AGC survey held in July and August found 81% of contractors are using higher pay and other incentives to attract skilled workers to fill open positions that 88% of them reported they were having a hard time filling.

The contractor, which self-performs work is standardizing its project information for better project delivery, including prefabrication.  

Construction firms in the mountain states are plenty busy. A surge of people moving to the region—especially Colorado, Utah and Idaho—has created a “solid funnel of multifamily housing projects,” says Jeff Palmer, executive vice president at Layton Construction.

A recent survey conducted by AGC with Autodesk found a persistent labor shortage across the industry.

Even as specialty contractors in the Southeast weather supply chain issues and price spikes, they see continued growth in the years ahead.

Steep inflation has exacerbated what was already a volatile market for construction materials, complicating specialty contractors’ efforts to navigate the post-pandemic environment.

With a tight labor market and construction still booming in many regions of the country, one category of worker that has felt stretched thin has been equipment operators.