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

100 Construction Industry Statistics To Improve Productivity

Equip Your Project With the Right Stats for Success

Construction industry statistics and data are playing an increasingly important role in the building sector. From measuring bid-to-win ratio, to 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 current trends or are looking for solid data to bring to your project manager or owner, we hope to equip you with the ultimate 100 construction industry statistics that 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

Construction Software and Technology Has Room to Grow

State of the Industry – The Future Is Bright

Construction industry statistics 1

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Over Time and Over Budget Is a Common Theme

construction industry statistics 8

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Labor Shortage Is an Industry Wide Concern

Construction industry statistic 2

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Workforce at a Glance

construction industry statistics 7

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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] | Click to Tweet
  • 35% of construction professionals time is spent (over 14 hours per week) on non-productive activities including looking for project information, conflict resolution and dealing with mistakes and rework. [PlanGrid + FMI] | Click to Tweet
  • In all, non-optimal activities will cost the U.S. construction industry over $177 billion in labor costs in 2018 alone [PlanGrid + FMI] | Click to Tweet
  • 50% or more impact on productivity as a result of issues with construction logistics. [MCAA] | Click to Tweet
  • 10% impact on productivity as a result of late crew build-up. [Whirlwind Steel] | Click to Tweet
  • 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] | Click to Tweet
  • Only 11% of contractors consider jobsites to be very efficient. [CCI] | Click to Tweet
  • 30.9% of construction industry professionals say that the top reason for miscommunication is unresponsiveness to questions/requests. [PlanGrid + FMI] | Click to Tweet

Scope of Work and Changes Are Impacting Risk

Construction industry statistic 3

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Rework Has Become an Expensive Standard

construction industry statistics 6

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A Paper Based Industry but Mobile Is Making Waves

construction industry statistic 4

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Opportunity for Digitization

construction industry statistics 5

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  • The construction industry is one of the least digitized industries. [McKinsey Global Institute] | Click to Tweet
  • Nearly 60% of construction companies are not investigating in any new technologies. [JB Knowledge] | Click to Tweet
  • 52% consider the needs of field staff a top consideration for investing in technology. [PlanGrid + FMI] | Click to Tweet
  • But only 28% actually receive feedback from field staff before investing in technology. [PlanGrid + FMI] | Click to Tweet
  • 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]  | Click to Tweet
  • 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] | Click to Tweet
  • 57% of construction professionals reported they were “considering” using worksite tracking technology. [JB Knowledge] | Click to Tweet
  • 36% of construction professionals cited the reason technology failed was because of poor fit with current processes and procedures. [PlanGrid + FMI] | Click to Tweet
  • AI has the potential to increase the construction industry’s profits by 71% by 2035. [Accenture]  Click to Tweet

Construction Software and Technology Has Room to Grow

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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 construction industry statistics are the most meaningful to your business? Share your thoughts in our comments section below.

Further Reading:  Insights from Construct Canada 2017: Top Takeaways on the Future of Construction (And Why It Matters)

Grace Ellis

Currently, as the Content Marketing Specialist at PlanGrid, Grace is responsible for helping to manage the PlanGrid Construction Productivity Blog. With over 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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