Quarterly News
November | 2022
E.J. Callahan & Associates Updates
Five Ways to Combat Workforce Challenges in the Post-Pandemic World
After eight years of steady employment growth, the pandemic created numerous workforce challenges for the construction industry, from recruiting and hiring qualified workers to supporting changing workforce needs and fostering the development of existing employees. Like most industries, construction is working to weather these challenges, adapting and expanding fundamental business approaches to retain current construction workers and attract new ones. Here are five ways construction companies can do just that.

ABC’s Construction Backlog Indicator Jumps in September; Contractor Confidence Remains Steady

ABC produces the Construction Backlog Indicator, the only economic indicator that reflects the amount of work that will be performed by commercial and industrial construction contractors in the months ahead, and the Construction Confidence Index, a diffusion index that signals construction contractors’ expectations for sales, profit margins and staffing levels.