The pandemic holds on but the industry is emerging and battling new challenges
For over a decade now, Metal Construction News has issued an annual “State of the Industry” report by compiling updates from key industry contributors representing various disciplines of metal construction. MCN Editorial Director, Paul Deffenbaugh, shares his outlook for this year, “The coronavirus pandemic upended the world and the construction industry, and two years after the onset, we are still dealing with it. For the construction industry, that means supply chain issues, increased material and labor costs and a continued labor shortage.”
This year’s report includes seven unique articles covering subjects including economic drivers and their impact on construction, insurance premiums, solar market growth and the relationship with metal roofing, inflation predictions, current challenges for contractors, labor/ workforce demands, and the ways the construction industry can work together to face the unique challenges. Read on for links to each article.
Return to a New Normal – As the economy improves, unique drivers create different demands in construction; By Alex Carrick, Chief Economist, ConstructConnect
In a Hard Market, Property and Casualty Insurance Premiums Rise – After years of paying out more than they take in, insurance companies are making tough choices; By Rose Grant, AIA, CPCU
Solar and Metal Roofing – The solar market is growing as prices decline and a metal roof provides the ideal platform; By Rob Haddock, CEO and Founder of S-5!
2022 Spoiler Alert: Inflation Ain’t Going Away – Inflation will continue but it should be better in 2022; By Kathryn Thompson, CEO, Thompson Research Group
Contractors Expect a Busy but Challenging Year – Managing costs and scheduling among biggest challenges in 2022; By Ken Simonson, Chief Economist, Associated General Contractors of America
Tackling the Issue of Workforce Demand – The industry needs to work together to build awareness of construction careers; By Boyd Worsham, LEED AP, CEO and president of the National Center for Construction Education & Research
Industry Challenges – The construction industry works together to meet the unique difficulties of this time; By Bob Zabcik, PE, LEED AP, Technical Director, Metal Construction Association
Keep up with the status of the industry by joining us on Wednesday, April 6 when METALCON and PSMJ Owner, Frank Stasiowski delivers an industry update during METALCON Live! … Trends in Metal Construction and Design.