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New industry outlook survey shows contractors expect infrastructure and other public-sector funding will help as growth slows for many types of private construction, but labor shortages and supply chain issues persist
Construction contractors are less optimistic about many private-sector segments than they were a year ago, but their expectations for the public sector market have remained relatively bullish, according to survey results released Jan. 4 by the Associated General Contractors of America and Sage. The findings are detailed in High Hopes for Public Sector Funding Amid Workforce and Supply Chain Challenges: The 2023 Construction Hiring & Business Outlook.
More than half of U.S. contractors (55 percent) say finding enough skilled workers is one of the biggest barriers to growing their business. Inflation (57 percent), insufficient labor (51 percent) and long hours (37 percent) are the three most significant challenges currently facing U.S. contractors.
The Center for the Polyurethanes Industry announced the results of a three-year survey on the polyurethanes industry in the United States, Canada and Mexico on Sept. 6. The 2021 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico shows that polyurethane production rose to over 9.4 million pounds.
Landscape architecture firms experienced consistently healthy conditions for the fourth quarter of 2017, according to the latest American Society of Landscape Architects’ Business Quarterly survey.
