PlanGrid Construction Productivity Blog
Ultimate Top 51 Construction Industry Statistics To Improve Productivity

Top 51 Construction Industry Statistics To Improve Productivity

Equip Your Project With the Right Stats for Success

In today’s construction industry, statistics play an increasingly important role. From measuring bid-to-win ratio, to and how much a project is over budget or schedule, and KPIs, the more numbers you can put behind your work, the better. Data not only allows for more visibility into the state of a particular project, but relevant industry statistics and facts can provide valuable information needed to make important future decisions regarding preconstruction planning, productivity tools, risk assessment, and workforce efficiency.

Undoubtedly, the construction industry is very complex. Although project needs are increasing worldwide, productivity is decliningbut how is this even possible if construction demand is gaining momentum worldwide?

Below, we’ll help you make sense of this trend, providing you with all the important construction industry statistics you need to understand the current state of affairs, as well as how poor productivity and increasing costs are actually inhibiting individual project growth. Additionally, we’ll explore how your company and project can avoid becoming another statistic through the power of technology and construction productivity tools.  

After reviewing these construction industry statistics, you should be able to:

  • Thoroughly understand the state of the industry and construction workforce
  • Leverage data to increase project productivity and reduce costs
  • Learn how mobile technology and digitization holds the key to increasing industry-wide efficiency

Whether you need a refresh on industry trends or are looking for solid data to bring to your project manager or owner, we hope to equip you with all the facts you need for your next project’s success. Looking to grab a fact fast? Here are key categories so you can quickly locate the most relevant construction industry statistics to your project:

State of the Industry – The Future Is Bright

Over Time and Over Budget Is a Common Theme

Labor Shortage Is an Industry Wide Concern

Workforce at a Glance

Problems in Productivity

Scope of Work and Changes Are Impacting Risk

Rework Has Become an Expensive Standard

A Paper Based Industry but Mobile Is Making Waves

Opportunity for Digitization

State of the Industry – The Future Is Bright

Construction industry statistics 1

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  • Construction is 14.7% of global GDPup from 12.4% in 2014. [GCP
  • $1.18 trillion is the worth of U.S. construction industry in 2017. [Capital Plus
  • $57 trillion in infrastructure is needed by 2030 to keep up with global GDP growth. [McKinsey Global Institute
  • Estimated 85% growth in the volume of construction output to $15.5 trillion by 2030. [PWC
  • 1.2 million new housing units planned annually in the U.S. — up from 583,000 in 2009. [Census Bureau

Over Time and Over Budget Is a Common Theme

construction industry statistics 8

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  • Over 50% of engineering and construction professionals report one or more underperforming projects in the previous year. [KPMG] 
  • 69% of owners say poor contractor performance is the single biggest reason for project underperformance. [KPMG
  • Just 25% of projects came within 10% of their original deadlines in the past 3 years. [KPMG
  • And only 31% of all projects came within 10% of the budget in the past 3 years. [KPMG
  • Large projects typically take 20% longer to finish than scheduled and are up to 80% over budget. [McKinsey Global Institute
  • 98% of megaprojects become delayed or over budget. [McKinsey Global Institute
  • 77% of megaprojects around the globe are 40% or more behind schedule. [McKinsey Global Institute

Labor Shortage Is an Industry Wide Concern

Construction industry statistic 2

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  • 40% of construction jobs were lost between 2006-2011 due to the recession, and industry has struggled to get back since then. [eSUB
  • 56% of builders reported that they were suffering due to the effects of the skilled labor shortage. [National Association of Home Builders]
  • 200,000 unfilled construction positions in 2016 alone. [The Bureau of Labor Statistics
  • 21.4% industry wide turnover rate, making it one of the highest rates of all industries. [Bureau of Labor Statistics
  • 16-20% of individual’s base salary is the average cost of a turnover. [American Progress]
  • 26% of construction workers say they are frustrated by the lack of tools they need to do their jobs better. [TINYpulse

Workforce at a Glance

construction industry statistics 7

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  • 42 years old is the average age of a U.S. construction worker, one year older than the average age of workforce. [NAHB
  • Construction accounts for only 4% of workers but 21% of workplace related deaths in the U.S. [The Bureau of Labor Statistics
  • 16% increase in U.S. construction workers deaths in 2015 over 2012. [The Bureau of Labor Statistics]

Problems in Productivity

construction industry statistics 9

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  • $1.63 trillion could be saved annually from infrastructure productivity changes. [McKinsey Global Institute
  • 50% or more impact on productivity as a result of issues with construction logistics. [MCAA
  • 10% impact on productivity as a result of late crew build-up. [Whirlwind Steel
  • 50% variation in productivity of two groups of workers doing identical jobs on the same site and at the same time. This gap in productivity was found to vary by 500% at different sites. [Sourceable

Scope of Work and Changes Are Impacting Risk

Construction industry statistic 3

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  • Average of 35% of all construction projects will have a major change. [Project Analysis Group
  • Up to 30% of initial data created during design and construction phases is lost by project closeout. [Emerson
  • 82% of owners feel they need more collaboration with their contractors. [KPMG]
  • 78% of engineering and construction companies believe that project risks are increasing. [KPMG

Rework Has Become an Expensive Standard

construction industry statistics 6

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  • Up to 70% of total rework experienced in construction and engineering products are a result of design-induced rework. [Quality
  • Roughly 4-6% of total project cost is the median cost of reworkbut only taking into consideration direct cost or reported rework. [Navigant Construction Forum
  • 9% of total project cost is closer to the actual total cost of reworkconsidering both direct and indirect factors combined. [Navigant Construction Forum
  • As much as $4.2 billion a year in the U.S. is cost of rework caused by poor document control. [Seattle Government]

A Paper Based Industry but Mobile Is Making Waves

construction industry statistic 4

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  • 40% of construction companies are still using paper plans on the job. [JB Knowledge]
  • Nearly 50% of the construction professionals manually prepare and process daily reports. [JB Knowledge
  • 77% of contractors and 65% of owners use mobile technology to complete their construction and engineering projects. [KPMG]
  • 36% of construction firms use 5 or more mobile business apps to complete projects. [Canvas]
  • However, only 29% use apps routinely on all their projects. [KPMG]

Opportunity for Digitization

construction industry statistics 5

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  • The construction industry is one of the least digitized industries. [McKinsey Global Institute
  • Nearly 60% of construction companies are not investigating in any new technologies. [JB Knowledge
  • Within 10 years, full scale digitization could lead to savings between $0.7-1.2 trillion (13- 21%) in the Design & Engineering and Construction phases and $0.3-0.5 trillion (10-17%) in the Operations phase. [World Economic Forum
  • 40% of construction firms say new technology has not been implemented due to lack of support, followed closely by budget concerns at 37% and employee hesitance at 32%. [JB Knowledge

Use Construction Industry Statistics Wisely

With the help of data and technology, the industry is poised for big changes in the coming yearswill you be another failed construction industry statistic or an outlier moving the needle? Accessing the right information and embracing innovation not only benefits your company and project’s ROI, but the whole industry wins as a result.

Which statistic is the most meaningful to your business? Share your thoughts in our comments section below.

Grace Ellis

Currently, as the Content Marketing Specialist at PlanGrid, Grace is responsible for helping to manage the PlanGrid Construction Productivity Blog. With nearly eight years of experience in marketing, communications, and PR for technology companies, she is specialized in content creation across both traditional and digital media platforms.

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