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One of the questions I often get asked as an analyst is “who is the Tesla of the construction equipment market?” Leaving aside the sloppy notion that Tesla is the only innovative company, I think what is meant is “who might disrupt the construction equipment market in such a way as to gain significant market …
As the commercial construction industry continues to face challenges related to rising material costs and labor shortages, subcontractors find themselves bearing the brunt of these expenses. In its third annual construction industry market report, Billd reveals alarming statistics regarding the financial burden placed on subcontractors. The 2023 National Subcontractor Market Report sheds light on the …
If you feel like there are fewer workers to be found these days, rest assured, you are correct. A decrease in the rate of births, declining since the 1970s, coupled with decreasing labor market participation, more job openings, a shortfall of immigrants, and a surge of retirements is creating a workforce problem that is hard …