There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...

From 2000 to 2022, productivity in the global construction industry improved only 10%, just one-fifth the rate of the overall economy, according to an article by McKinsey & Co. executives. Lagging ...

Both European and American construction productivity has fallen since the start of the 2000s. Surprisingly, though, contractors across the EU have managed to outperform their US counterparts. We have ...

Across nearly every sector, artificial intelligence is changing the way work gets done. In construction, however, the digital transformation era is just getting started — and the potential impact is ...

When Shreesha Ramdas first started building tech companies in the early 2000s, he didn’t expect his path would lead him to one of the oldest industries in America: construction. A seasoned ...

We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then ...

Production measures the amount of work completed, while productivity assesses how well that work is performed relative to effort and value transfer. Effective productivity management involves removing ...

The promise of AI being a practical answer to increasing productivity and your bottom line is always subject to having good data to feed the AI model. Thankfully, AI-driven technology can enhance the ...

Construction spend is currently at an all-time high. Across the country, infrastructure is getting modernized, data centers are being built, and manufacturing facilities are being reshored. There is, ...

Ask a project executive where productivity slips away and you’ll hear familiar culprits: labor shortages, change orders, and weather. But if you trace most schedule slips back to their first domino, ...