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June 22, 2017

Commercial Construction Index Indicates High Revenue, Employment Expectations for 2017

USG Corporation and the U.S. Chamber of Commerce partnered to create the USG + U.S. Chamber of Commerce Commercial Construction Index. Doge Data & Analytics gathered data by surveying commercial and institutional contractors. Nearly all contractors surveyed – 96 percent – expect revenues to grow or remain stable this year compared to 2016, with 40 percent expecting an increase, and only 3 percent expecting a decrease, in revenue.

Sixty-six percent of contractors said they expect to employ more workers in the next six months, indicating growth in a sector that employs approximately 3 million Americans. However, 61 percent of Index respondents reported difficultly finding skilled workers. 

Click here to read the full report.

SOURCE: Glass Magazine