MarketScale
‹ Back to Industries

Engineering & Construction

Listen: Almost All Construction Companies Are Adding Headcounts

With the first month of 2018 in the books, many construction firms are planning to increase their payrolls by up to 75% for the upcoming year as many contractors are extremely hopeful regarding the current economy. However, there are various other firms that still are worried when it comes to labor shortages and lack…

This story was produced through MarketScale. See how Engineering & Construction teams put it to work with Partner & Channel Enablement.

Share

With the first month of 2018 in the books, many construction firms are planning to increase their payrolls by up to 75% for the upcoming year as many contractors are extremely hopeful regarding the current economy. However, there are various other firms that still are worried when it comes to labor shortages and lack of funding. Stephen E. Sandherr, who is the CEO of the Associated General Contractors of America and Sage Construction stated that, “this optimism is likely based on current economic conditions, an increasingly business-friendly regulatory environment and expectations the Trump administration will boost infrastructure investments.

Officials from the association noted that the best thing that Washington can do is to make sure that the federal tax cuts follow through to their full potential as they continue to roll back unnecessary burdens. It looks like if things continue the way that they are, then 2018 will be a strong year for the construction industry!

New to MarketScale?

MarketScale is the platform Engineering & Construction companies use to turn their own experts into content like this. Want the short overview?

Request infoBook a demo

Free workspace

You just read one expert. Imagine publishing your whole team.

This article was produced through MarketScale. Create a free workspace and turn your own team's expertise into articles, video, and social posts. No credit card, no demo required.

NPS +73 · 1,000+ creators · 38+ countries

What you get, free

Your own MarketScale Studio workspace
One video edit a month, on us
AI writing, editing, and publishing tools
In-platform coaching to learn the system

Explore More Engineering & Construction Insights

Read more expert perspectives from across Engineering & Construction.

Browse Engineering & Construction Hub