Construction Industry : Statistics And Policy

Construction is always demanded because there are always repairs needed or new buildings being constructed. In a city there is more demand for these kind of jobs because there is more people and more buildings than a rural or country area. The total number of jobs for construction in 2014 was 945,400 with a 6% increase for the next 10 years. The estimated employment change for 2024 is 60,400. With these statistics, it shows that the jobs for this particular occupational field is increasing. In 2015, California was the state that had the biggest job increase in construction. California added 59,300 jobs which increased the total construction jobs by 8.6%. Other states that have also increased construction jobs are Florida, New York, and Hawaii. This proves the need for construction is greater in the areas with dense population and larger

To incoming students in the construction management discipline., the three types of research that will be described in this paper are scholarly journals, trade journals and popular magazines, these will also be accompanied with examples of a research topics. Students can use these researching strategies for the following: essays, lab reports, reviews, and annotations. Knowledge of these resources will ensure success in the program.

Previous reports on the construction industry have either been implemented incompletely, or the problems have persisted. The opportunity which exists now must not be missed (Chapter 1, paragraph 1.10). Implementation begins with clients. The Department of the Environment should be designated by Ministers as lead Department for implementing any recommendations of the Report which Ministers accept. Government should commit itself to being

Construction is a highly profitable industry that has the ability to support workers with decent wages.

This concept could be widely used in the construction industry to increase productivity, and also to enhance organization amongst partakers involved. If there were professionals trained in investigating and scrutinizing various actions employed while a construction project is underway, they could easily identify where there is scope of improvement, and also provide suggestions to improve its

The design and construction of buildings can be a complicated business involving different professions, contractors, sub-contractors and operatives. This type of work is varied and employs many construction personnel with different roles and responsibilities, working together to complete a project in as successful way- on time, on budget and to the right specification. A large project would involve a great number of different activities:

Population development is an issue set to move us all, not only those in the construction industry. Population development will put amplified stress on the world’s resources, with physical space on behalf of one of the most precious resources on the planet. It’s up to the construction workers and the architects to understand how to use urban spaces more professionally and efficiently, accommodating additional people in luxury without reducing resources drastically. Expanding populations and increasing economies overseas are expected to have a knock-on effect on Britain's construction industry, too. Britain has a worldwide recognised ability for design, architecture and engineering, although, according to the 2025 strategy report, we’re yet

The construction industry is a major contributor to the world wide. The long term objectives of any

Balfour Beatty Plc operates in the heavy construction sub sector of the FTSE 250. This sector is particularly interesting given the effect recession has had on this sector and the ongoing developments in the industry. The construction sector in the UK is unique as the output in this sector fell faster than the whole economy in 2008. It has slipped into recession 3 times over the past 5 years (gov.uk, 2013). Overall the recession has had a dramatic effect in the construction contracting industry. In recent years the sector has been plagued with low customer confidence, high unemployment and limited availability of finance. However now that the UK economy is recovering so is the construction sector, in August 2014 the sector grew at the fastest pace for seven months since the recession (bbc.co.uk 2014).

Construction projects are always unique and risks raise from a number of the different sources. Construction projects are inherently complex and dynamic, and involving multiple feedback processes. A lot of participants – individuals and organizations are actively involved in the construction project, and they interests may be positively or negatively affected as a result of the project execution or project completion. Different participants with different experience and skills usually have different expectations and interests. This naturally creates problems and confusion for even the most experienced project managers and contractors.

EC Harris Global Construction Report 2013 has indicated that failure to communicate effectively among architects, designers, contractors and procurement teams in the construction industry features first in the list of reasons why building trade has remained a hugely fragmented industry in UK lagging behind the rest of the international community. As per the officials of Construction Industry Council, separate and uncoordinated involvement of a designer, architect, an engineer and a building contractor who finally arrives to undertake the actual work itself will lead to substandard work and increased financials (Opler& Sokobin, 1995). On the legal side, there has been an assertion that legal contracts of collaboration is becoming obsolete and will remain obsolete as long as constructor and employer recognise their mutual interdependence.

The major political influences on the construction industry in London at the moment are the Mayor of London’s Sustainable Design and Construction Supplementary Planning Guidance to the London Plan, the Climate Change Action Plan, and the Governments lack of response to the effects of the recession. The recession has almost completely stopped the building of new houses and has led to the mothballing of most of the

The productivity and contribution of the construction industry are made using the Australian Bureau of Statistics Econtech analysis data. A Baseline and ABCC scenarios to show the contribution of the construction industry on the macro-economy. The ABCC scenario;

The construction industry like many other industries has changed and evolved with time. It is the fourth largest contributor to Australia’s GDP and has played a major role in determining economic growth of the country. In terms of employment, the industry has employed 9% of the Australian workforce making it the fourth largest industry (ABS data).

The construction industry much like other industries is dependant with the distribution of “scarce resources” (Drake,1994). Many of its resources known as the factors or production i.e. labour, capital, land etc. are limited (Gregory-Mankiw, 2008), however, wants and desires within the industry are infinite (Myers, 2013). Kishtainy notes that this creates two problems; at any given time, there will be a fixed number of resource, against numerous wants. Sloman 2003 adds that in an effort to rectify this, he argues that we must make choices, in terms of choices within the construction industry Myers suggested that firms need to considered their investments made, how they construct and for whom they construct for.