Why Your Best Workers Keep Quitting (and It’s Not About Pay)

Why Your Best Workers Keep Quitting (and It’s Not About Pay)

The commercial construction industry is staring down a grim reality. The industry-wide labor shortage, once considered temporary, has become persistent. Construction companies across the United States were unable to fill over half a million positions last year, and a...
U.S. and Canada’s Construction Industry Poised for Growth

U.S. and Canada’s Construction Industry Poised for Growth

After a year of stabilization, the construction industry in the U.S. and Canada is positioned for success in 2024, thanks to strong demand and as the normalization of supply chains and material prices continues. JLL’s new U.S. and Canada Construction Trends 2024...
Fourth Quarter Construction Update: The Good, The Bad, and The Ugly

Fourth Quarter Construction Update: The Good, The Bad, and The Ugly

The construction industry faced many of the same headwinds that buffeted it throughout 2022 in the fourth quarter, including labor shortages, high interest rates, and elevated materials costs, but still exhibited a surprising amount of momentum. Nonresidential...
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