Tag: challenges
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How to Avoid the 5 Main Potential Challenges for the Construction Industry in 2025
At the halfway point of 2024, U.S. construction spending was down roughly $1.7 billion from the previous year. While new construction projects are expected to grow by 8.5% in 2025, there are still several uncertainties for the upcoming year that could create challenges for businesses in the construction industry. Calum Mair, commercial director of North America…
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Strategies to Navigate Construction Labor Market Challenges
As someone who’s spent over two decades studying workforce dynamics, I’ve never seen a more complex talent landscape than what we’re facing in construction today. With open jobs plummeting 40% year-over-year, you might think we’re simply dealing with another cyclical downturn. But this isn’t your typical market correction — it’s a wake-up call for an…
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Plumbing Challenges in High-Rise Construction: A Plumber’s View
When you think of high-rise buildings, you might imagine impressive city skylines, luxurious apartments, or bustling office spaces. However, behind the scenes, there’s a network of intricate plumbing systems that keep everything running smoothly. Plumbing in high-rise construction is far more complicated than in single-story homes or low-rise buildings. It presents unique challenges that require…
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AGC Chief Economist on Construction Challenges in 2025
Ken Simonson, Chief Economist, Associated General Contractors of America (AGC)Associated General Contractors of AmericaTo assess emerging trends and both current and future concerns of the construction industry, the Equipment Today (ET) team team spoke with experts throughout the industry. In our conversation below, Ken Simonson, chief economist, Associated General Contractors of America (AGC), offers insights…
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NIBS Tackles Workforce Challenges with Elevate 2025
To address the severity of the widening gap in America’s built environment workforce, the National Institute of Building Sciences (NIBS) is co-hosting a one-day event with the International Code Council and National Building Museum focusing on this critical workforce crisis. Elevate 2025 will convene industry leaders and policymakers to explore the true scope of the issue and…
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Navigating Challenges of Today’s Real Estate Market
Here’s something that might feel familiar: scrolling through property listings, eyes darting between skyrocketing prices and descriptions that read like a love letter to a shoebox-sized apartment. The real estate market has a way of keeping everyone on their toes, whether buying, selling, or just trying to make sense of it all. And the challenges?…
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Navigating fire safety challenges in social housing: a critical examination
Anthony Walker looks at the fire safety issues facing landlords in the social housing sector. Many landlords are grappling with a backlog of remedial actions (Image: Dreamstime) The landscape of fire safety in social housing is undergoing significant scrutiny, with recent regulatory notices issued by the Regulator of Social Housing (RSH) highlighting the pressing challenges…
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Common Challenges in Getting a Mortgage When You’re Self-Employed
You’ve gone self-employed. You’ve ditched office supervisors and avoided workplace politics and have ultimate freedom to create your own path. Feels good, doesn’t it? And now—finally—you’re ready to buy a home. At this point the bank gives you their skeptical face—As though you had just told them your income comes from selling magic beans. The…
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Boiler Upgrade Scheme sees record growth but Government report highlights major financial challenges for homeowners
A new government report has shed light on the performance of the Boiler Upgrade Scheme, revealing record uptake alongside persistent barriers to wider adoption. While the scheme has funded over 55,000 installations and homeowners report high satisfaction with heat pumps, concerns over affordability, red tape and workforce shortages remain. With funding now extended until 2028,…
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Identify challenges, not symptoms, for tech to solve
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. ConTech Conversations presents monthly discussions with construction pros who are using technology to improve the way their companies do business. Click here for past conversations. Tim Gaylord is being cautious when it comes to artificial intelligence. Gaylord,…