The US construction industry is one of the biggest industries worldwide, having an annual expense of over $1,293 billion. It contributes an essential percentage to the country’s GDP value, helping it expands and drives up the US economy. This has immediately resulted in the explosion of construction projects in the entire country, allowing construction companies and firms to gain speedy business growth. According to a Census Bureau report, since the start of 2021,
However, many issues and challenges started creeping up, hindering construction businesses from growing and expand. Most of these challenges are easier to overcome if contractors begin finding ways to remove inefficiencies internally and externally. So what’s the biggest challenge you face as a contractor on your construction projects?
For this blog, we’re outlining the answers that you have been looking for, particularly for the top eight most significant issues you often face alongside other construction professionals over the years.