Construction Industry Data and Trends

At L.E. Smith, we are always keeping an eye on industry trends and marketing solutions that may impact you, our valued clients and partners in the construction field. Recently, we came across some information that we believe is worth sharing.

Oldcastle Building Solutions has been providing industry insights to the construction community for nearly 80 years. Their team of experts compile a biweekly, comprehensive report that helps companies in the construction industry better understand current trends and make preparations for future projections.

Plan Ahead

The report posted below is from February 2nd and highlights data that reflects a decline in the construction industry’s monthly sales. When compared to where the industry was last year, however, these numbers are on the rise.

The data also shows that the industry added 36K jobs in January after adding 33K jobs in December. While that is great for the economy, it could mean that finding help this season may be difficult. Qualified candidates will be in-demand and will have their pick of contractors to work with. If you need to add members to your team, be sure to plan ahead.

Partner with Industry Experts

Don’t want to hire temporary workers that you will need to lay off when business slows down again? Consider partnering with industry experts like The L.E. Smith Company. Our team can handle all of your countertop and surface needs, leaving you to handle the most profitable side of your business. Contact us at insidesales.lesmith.com to learn more about how we can help you increase your profit while efficiently managing your busiest season.

Oldcastle Business Intelligence Construction Data & Trends Vol 76-1

For more industry insights, visit Oldcastle Building Solutions https://www.buildingsolutions.com/industry-insights