MarcumNew York, New York 10017Company DetailsContact750 3rd Avenue 11th FloorNew York, New York 10017Articles & NewsLabor & Workforce DevelopmentScarcity of Labor and Aging Workers to Widen Construction Labor and Skills GapsThe construction industry has faced a growing skilled labor shortage for years. But conditions are expected to substantially worsen in 2022 and 2023.BusinessNonresidential Sector Dipped in Q4 2021 But Fails to Dampen Contractor Optimism for 2022Even as expectations improved with respect to business and financial conditions, nonresidential construction activity slipped in Q4.BusinessInflation, Supply Disruptions and Labor Shortage Stalled Construction Recovery in Q3 2021Higher construction costs and lack of labor will continue to be a factor in profitability on future projects, says Marcum chief construction economist.BusinessCommercial Construction Confidence on the Rise Despite Slow Start to RecoveryNearly two-thirds of contractors are anticipating business growth in the coming months, according to Marcum's latest Commercial Construction Index.BusinessConstruction Industry Has Reason for Both Optimism and Pessimism During Pandemic Recession RecoveryMarcum predicts the economy will expand rapidly in the second half of 2021, but that nonresidential construction may take longer to bounce back.Products & Press ReleasesBusinessSurvey Shows Uptick in Outlook and Optimism Among Construction LeadersMore than half of respondents to the Marcum National Construction Survey expect increased opportunities in their regions in the next three years.Construction NewsConstruction Recovers Lost Jobs as Economy Bounces Back in the 3rd QuarterConstruction employment has rebounded since plummeting in March and April, and the industry’s unemployment rate stands at 6.8% as of October.HomeMarcum Survey Measures Change in Contractor Priorities for the Next YearManaging material vendors was chosen by 8% more respondents post-pandemic, since ensuring dependable supply will be critical moving forward.Request More InformationFill out the form below to request more information about Marcum
