AM Tit Bits 5 - Construction Facts

The average number of employees for all U.S. construction firms in 2005 was only eight per firm, and 91% of all construction firms had fewer than twenty employees according to the AGC's Quick Facts About the Construction Industry (February 23, 2007). Only 1% had 100 or more employees.



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In a paper written for The Brookings Institution, Arthur C. Nelson says that in the year 2030, "half of the buildings in which Americans live, work, and shop will have been built after 2000," and that more than 60 per cent of the commercial and industrial space in 2030 will be less than thirty years old. It is hard to imagine an industry offering more promise than construction.


Read the full article at: Construction Business Management