In this article by Interesting Engineering, they lay out what they consider to be the seven most exciting construction industry trends for 2020. The list includes technology advancements and integrations, green technology, an increase in modular and prefabricated projects, increasing material costs, decreased labor force, better safety equipment, and sustainability.
With technology influencing nearly every aspect of our industry, it’s important to understand how these trends may impact your business. More importantly than ever, start asking questions now. Involve each of the various stakeholders in your business including your management team, finance team, independent CPA, banker, surety underwriter and others who can help navigate where to start.
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