Linesight recently released its Construction Market Insights report for the Americas, showing that demand for construction workers has surged, leading to rising labor costs and increased project delays. The construction industry has shown resilience with robust growth in the data center and high-tech industrial sectors, offsetting the decline in the commercial and residential sectors. While commodity prices have eased, several challenges persist including higher finance costs as a result of elevated interest rates, as well as challenging supply chain timelines for MEP equipment and labor shortages. The widening gap between labor supply and demand is increasing costs. In January 2024, … Read more