MarketScale AEC 01/31/19: The Biggest Issue Facing Residential Construction
Keeping a finger on the pulse of the challenges and trends facing an industry can be vital to the success of a business. On this episode of the MarketScale AEC Podcast, we take a look at the biggest issue facing residential construction and break down some of the emerging trends in 2019.
Labor Shortages: Will They Continue?
Two months and five thousand dollars. When you talk about skilled labor shortages, those are the two numbers that’ll fit consumers hardest. That’s because it takes two months longer and costs $5,000 more to build a home right now in the midst of one of the industry’s worst skilled labor shortages. Contractors and subcontractors are having a hard time staffing their job sites. And they have to compete with higher paying jobs to keep their workforce.
“It’s a big issue. Labor shortages are perhaps the largest issue that’s impacting the residential side of the construction industry. Anywhere from 20,000 to 25,000 workers missing from the construction industry and that’s a challenge,” says Phil Crone Of the Dallas Builders Association.
On this episode of Marketscale AEC, we talk to Crone and Kent Schwickert of the National Roofing Contractors Association about three solutions they’re pursuing to help mitigate the damage from this labor shortage: Trade school recruiting, working certifications, and immigration reform.
Material Trends for 2019
What materials are grabbing a larger share of the market so far in 2019? To help us break down some of the trends we’re seeing early in the new year, we’re joined by Ian Daniels, Director of Architectural Products for Tamlyn. He helps us sort through the noise and get to the bottom of what is driving some of the trends we’re seeing in the AEC industry.
He hits on the trend of metal roofs and discusses whether the benefits are purely aesthetic or if there’s a function to them. He also discusses the increasing versatility of modular buildings and the impact of technology on the industry.
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