Commercial Contractors Struggle to Find Workers, Materials
92% report difficulty finding workers; of those, 42% have turned down work because of it. (SOURCE:Contractor Mag). WASHINGTON, DC — In the face of escalating challenges including worker shortages, materials shortages, and rising costs, commercial construction contractors are seeing a slowdown in the pace of their recovery from the pandemic, according to third quarter data from the U.S. Chamber of Commerce Commercial Construction Index (Index). Almost all (92%) contractors report some level of difficulty finding skilled workers, but this quarter, 55% indicate high levels of difficulty—a jump of 10 percentage points from Q2. The lack of workers has […]
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