Labor productivity is the central economic engine of labor-intensive, self-performing contractors that drives profitability. Our research suggests that contractors lost approximately $30 billion to $40 billion to labor inefficiencies in 2022. Download the 2023 Labor Productivity Study to learn more.
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Read this case study to learn how Togal.AI is changing the way construction firms leverage technology to automate processes.
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The third quarter 2023 Heavy Civil Construction Index rose to 56.1 from 55.5, marking the third consecutive increase. All four economic measures showed improvement in sentiment, with respondents’ views on the overall U.S. economy showing the largest increase.
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The CIRT Sentiment Index improved in the third quarter, rising to 59.7 from 52.8 in the second quarter. The design index remained constant in 68.5. This quarter's questions on current issues focused on labor productivity and project staffing requirements.
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Field positions are the hardest to fill. Discover top challenges for field leaders and how to invest in their development.
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The roofing service provider market is poised to benefit from several growth factors making it an increasingly attractive investment opportunity for private equity partners.
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With overall U.S. construction spending expected to decline over the next two years, understanding underlying markets and how tomorrow’s dollars will be allocated is critical for industry stakeholders. Whether you’re a building products manufacturer, supplier, private equity firm or a middle-market specialty chemicals company, our data provides important insights for developing the…
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Discover Jay Bowman's latest economic insights in this presentation on our second quarter 2023 outlook.
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Discover insights on the market for alternative delivery in design build in this April 2023 presentation to the Design Build Institute of America (DBIA).
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The CIRT Sentiment Index is down slightly in the second quarter of 2023, falling to 52.8 from 53.3 in the first quarter. The Design Index rose to 68.5 from 66.8 in the first quarter, indicating there is slightly more optimism about projects that haven’t reached the construction phase.
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