First, the pandemic changed the way people live and work. Then, it caused massive disruption in the supply chain, leading to a shortage of most materials like lumber, steel, pipe, etc. Now the country is facing a lack of skilled labor across many industries. This trifecta of cultural shifts has put a heavy burden on the construction industry in the midst of increasing demand for its products and services.
What’s driving this wave of construction demand? Simply put, Americans embraced the new normal, including flexible work and school options. Business executives are reimagining the physical workplace and homeowners are moving or renovating to meet a new hybrid lifestyle.
Reprinted courtesy of Brian Cooper and Jackie Robinson, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.