Category: US Governement Bureau of Economic Analysis

Labor Shortage: The Pinch Point Limiting the Construction Industry

According to the US Government’s Bureau of Economic Analysis, the construction industry accounts for approximately 4.1% of the country’s total Gross Domestic Product (GDP). In 2017, that translated to $718 billion in value added to the GDP. That contribution could have been even greater except for an ongoing labor shortage in the construction industry. Construction […]

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  • Tags:
  • Aimee Comer
  • construction
  • full-time jobs
  • GDP
  • gross domestic profit
  • median wages
  • US Bureau of Labor Statistics
  • US Governement Bureau of Economic Analysis
  • value added
  • Vice President of People and Development
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It’s an exciting time in the construction industry. With new technologies, approaches and tools surfacing every day, it’s more critical now than ever to share what’s happening out there – on your projects, in your workplace and how those things affect the future of your business.

The mission of Building Insight is simple: to connect you to the stories, successes, hardships, solutions, and faces of the more than 10 million people that wear hardhats to work each day, not to mention the countless support staff members that work tirelessly behind the scenes.

Our hope is that you will use this page as a resource and it will serve as a window into the industry that we are so passionate about. We are builders, and our goal is to make this industry the best it can be – one building at a time.