Construction starts are once again increasing after a slowdown in the fourth quarter of 2021. But labor shortages continue, and after a brief decline, materials prices are again climbing, caused partially by the war in Ukraine.
A Construction Specifications Institute-launched camp at two Pennsylvania sites to introduce high school students to careers in construction now is the model for a nationwide effort.
Looking to 2020, the anticipated theme of the global economy is uncertainty, as countries around the world wait for clarity over future trading arrangements. Construction activity will slow as long as these geopolitical discussions linger.