Looking into what’s next for the construction industry, reports suggest the construction sector will continue to be the largest contributor to the U.S. economy in 2023, growing by nearly 9% in 2022 and continuing to expand well past 2025.
Such a massive investment in road construction, transit and rail expansion, rebuilding outdated bridges and tunnels, spending on new areas in the energy will require the mobilization of thousands of workers across North America.
Along with labour shortages, the increasing difficulties presented by rising costs and material shortages mean it’s increasingly vital for companies to focus on their finances while searching for efficiencies.
Currently, managing budgets, overseeing projects, and being responsible for policy compliance are just a few of the difficulties companies face when looking to control their bottom line.
For construction companies tasked with sending crews out to countless projects proposed under the U.S. infrastructure bill, finding ways to simplify the required travel and accommodation will be crucial.