
WHY THE CONSTRUCTION INDUSTRY NEEDS A PLAN B
September 28th, 2017 Posted by AdviceFinancial Insights No Comment yetIt is internationally recognised that the construction industry is facing a major crisis due to a combination of falling productivity, rising costs, and lack of skilled labour. The Economist recently reported that productivity in the American construction industry has fallen by a staggering 50% since the 1960s. While other countries haven’t experienced such a drastic slump, in France and Italy productivity has fallen by around 16% in the last twenty years, and Germany and Japan have had almost negative growth. (more…)