Craftworker Wages Continue to Rise Amid Labor Shortages
Labor shortages and inflationary pressures continue to push up craftworker wages with recent settlements trending toward levels not seen in decades.
Source: enr.com
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High Interest Rates, Labor Woes Persist in Third Quarter
As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.
Source: enr.com
Prices Level Off for Used Machines as Manufacturers Sort Out Supply Chain Issues
While shopping around for a used piece of construction equipment through the usual channels has taken some creative sourcing in recent years, this summer has seen prices stabilize for the most part.
Source: enr.com
3Q Confidence Index: Positivity Grows Among Construction Executives
ENR’s Construction Industry Confidence Index rose this quarter to its highest rating since Q1 of 2022, up six points to a nearly stable 46 rating.
Source: enr.com