Tag: gaps
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What Will Shape Construction in 2026? Interest Rates, Labor Gaps and Market Shifts
Growth in the construction industry plateaued over the past year — and in 2026, look for that trend to continue. Faced with labor shortages, supply chain issues and economic pressures like high interest rates and tariff uncertainty, construction will need to adopt more disciplined habits and embrace both technological and cultural innovation in order to…
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QBE: Labor Gaps, Higher Costs Shape 2025 U.S. Commercial Construction Outlook
QBE North America has released its 2026 U.S. Commercial Construction Outlook, developed with Control Risks, outlining key pressures and opportunities for the industry. The report, which is based off of 2025 reports, says commercial construction faces continued labor shortages, driven by an aging workforce and immigration limits, even as overall employment remains high. Material costs…
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Top Construction Insurance Pitfalls: How to Manage Risks, Claims and Coverage Gaps
The construction industry is one of the most dangerous professions in the country. In fact, in 2023, about 1 in 5 workplace deaths occurred in the construction industry and 38.5% of these deaths were due to falls, slips and trips. So, it’s no surprise that the impact on insuring the industry is complex, including claim…
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Modern slavery: review highlights ‘serious gaps’ in housebuilding
A study by researchers at King’s Business School, commissioned by the Director of Labour Market Enforcement and the Modern Slavery and Human Rights Policy and Evidence Centre, found that although housebuilding accounts for around 40% of UK construction output, it is often excluded or underrepresented in existing research on labour exploitation. View the original article…
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Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving variables, dangerous environments and hazardous conditions that can generate serious losses. Risks include fires, trench collapses, accidents and even loss of life. Insurance is essential to protect the…
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New alliance launched to fill electrical skills gaps
Andrew Eldred, deputy CEO at ECA, said: “Cheshire and Warrington is our third regional Electrotechnical Training and Careers Alliance launched in less than a year – following on from ETCAs for Greater Manchester and the West Midlands – and the first outside an existing Mayoral Strategic Authority. View the original article and our Inspiration here
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Housing experts warn training gaps could hinder Procurement Act adoption
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Tarryn Kerr, managing director of procurement services at Commercial Services Group, said: “With housing shortages, and increasing supply chain pressures presenting an ongoing concern across the UK, it’s more important than ever that the housing sector can work effectively and efficiently. View the original article and our Inspiration here
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Construction Leaders See Growth in Infrastructure — but Tech Gaps and Rework Threaten Progress
As demand for construction surges globally, new research reveals that the industry is struggling to keep pace with its own ambitions. A report released by Revizto, a provider of integrated collaboration tools for architecture, engineering, construction, and operations (AECO), outlines a widening gap between rising project complexity and the industry’s ability to deliver efficiently. According…
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Qualis Flow report uncovers data gaps costing construction billions—and how to fix them
As the construction industry increasingly prioritizes the intersection of sustainability and profitability, Qualis Flow has unveiled its highly anticipated report on the state of data quality in the sector. In today’s digital age, data has become the lifeblood of industries worldwide and construction is no exception. While the industry has made progress in adopting digital…