Contractor Trends for 2021: Top 5 Difference Makers for Business Owners

Business PlanningContractors

01/09/2021 | By Carla Sarabia

After a turbulent year of adjusting forecasts and changing expectations, 2021 will be a year of reemergence and growth in the construction industry. Rising construction costs and labor shortages persist, challenging the industry to innovate competitive new ideas, while stricter regulations contribute to a reduced margin for error and waste.

This year, the COVID-19 pandemic changed how the construction industry does business, from scheduling projects to hiring workers to meeting with clients. Looking forward, many industry trends will be affected by the fallout from the pandemic. New technology continues to change the construction site, improve the ability to win projects, and increase profit margins. Trends and movements are changing the roles of industry professionals and frontline workers.

As the industry becomes more competitive and the market shifts, harnessing these construction trends will prove valuable for any construction firm. 

  1. Construction Management Software
  2. Lead Generation Technology 
  3. Rising Material Costs
  4. Labor Demands Continue to Surge
  5. Technology Difference Makers

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