The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.

In any process where labor is a significant cost driver, understanding productivity is essential. Labor productivity analysis isn’t just a management buzzword; it’s a practical tool that helps ...

The industry has accumulated decades’ worth of data that, with the help of AI-driven analysis, could be tapped to boost construction productivity, prevent schedule overruns, improve cost-effectiveness ...

One of the brighter spots in this economy over the last few years has been labor productivity: how much stuff we’re all making compared to how much time we’re doing it. Productivity increased 1.2% in ...

U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...