The construction business is ever changing, for better or worse. Currently, more construction companies are seeing changes with funding, equipment, interest and amount of work. Here are five things happening in construction right now: 

Funding 

Today, many people are using construction for more safety reasons. More construction companies are needed to build rails, water systems, bridges and roads. Since these items are seen as a necessity, more funding is provided. Depending on the area, the town or local businesses will fund construction. Not to mention, more bills such as the Infrastructure and Jobs Act are being passed that provide funding and work for construction companies. 

Equipment and Technology 

It is no surprise that better equipment and technology will lead to better and more efficient work. More construction companies are adapting to new technologies, including artificial intelligence and newer equipment, making work safer and effective. It is important to know when to upgrade your equipment to ensure the best outcome for you and your clients. You can read more about when to upgrade construction equipment here. 

Interest 

In the past, many skilled construction workers were struggling to find work because of lack of jobs and labor. Now, enrollment in trade schools is higher than ever and more people are wanting to work in the construction industry. Companies are hiring workers due to the high demand in construction projects and the interest rate.

Labor 

Along with interest, the need for construction labor is increasing rapidly. Businesses and surrounding communities are in need of projects fast, making room for more labor for construction companies. 

Jerdon Enterprises, L.P. has over three decades of engineering and construction experience to provide the best results for your project. View our portfolio to check out projects we’ve been involved in, as well as our services to see what we can do for you. Have a question regarding employment opportunities? Contact us today!