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Home Special Sections Home

Facts Offer Building Blocks to Knowing the Construction Industry

April 1, 2020
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by Sandy Griffis, Executive Director, Yavapai County Contractors Association
Construction has always been one of the top revenue-generating industries in the world, and the United States construction market is one of the largest. Despite the size and scope of the industry, it is constantly changing and adapting to the current economic and social climate. 
There is sustainable growth throughout many sectors of construction, especially in the private development of single-family homes and home improvement projects. The workplace is changing as well, with an increase in minority and female representation. New technologies and construction trends such as drone mapping and building information modeling software are creating new solutions for old inefficiencies and increasing safety on the job site.
This doesn’t mean the industry is without its challenges. There is still an ongoing labor shortage for skilled workers. YCCA was so proud to organize a second Boot Camp this past January and the success was beyond our expectations. Eight young adults have been placed in our local industry and are happy as can be.


How about some fun and interesting facts pertaining to the industry that I so love!

  • At $992 billion, 77% of construction spending occurred in the private sector in 2018. (Statista)
  • Single-family residential construction is estimated at $282 billion, up 4% from 2017. (FMI)
  • Multifamily residential construction rose by 1% last year, with $67 billion in estimated value. (FMI)
  • Commercial construction was $89 billion in 2018, up 2% from the previous year. (FMI)
  • Home improvement spending increased by 5% in 2018. (FMI)
  • 11.2 million people worked in the construction industry in 2018. (Bureau of Labor Statistics)
  • 35% of construction-related companies increased their staff size in 2017. (JBK)
  • The average hourly wage of all construction employees was $31.08 in 2019. (Bureau of Labor Statistics)
  • The construction industry has added 297,000 net jobs. (Bureau of Labor Statistics)
  • The approximate dollar value of construction work done in the U.S. in November 2019 was estimated to be $1.3 billion. (CENSUS)
  • 90% of U.S. general contractors reported they are concerned over the labor shortage. (USCC)
  • 61% of contractors plan on hiring more employees in the next six months. (USCC)
  • 61% of contractors also report having trouble finding skilled workers. (USCC)
  • Gen Y and Millennials make up 45.5% of the industry, while 54.4% were born between 1960 and 1979. (JBK)
  • 10% of the total construction workforce is female. (Bureau of Labor Statistics)
  • 50% of all construction in the U.S. is expected to occur in just 20 cities over the next five years. (Built Worlds)
  • Costing $417/sq. ft., San Francisco is the most expensive city to build in 2019. (Curbed)
  • 42.6% of firms are experimenting with drones — up 5% in 2019. (JBK)
  • 57% of companies are considering job-site employee tracking. (JBK)
  • 10.8% reported using smartwatches for work. (JBK)
  • 35.9% of construction employees are hesitant at trying new technology. (JBK)
  • 55% of construction firms use Building Information Modeling (BIM) software, while 27.5% intend to adopt the technology within the decade. (JBK)
  • 38.2% of companies cite “lack of IT staff” as the most limiting factor in adopting new technology. (JBK)
  • 75% of construction firms now promote themselves through social media. (JBK)
  • The average backlog of projects for general contractors is 9.3 months, indicating a stable market with room for growth. (USCC)
  • Apple is the most used mobile operating system, with 78.7% of companies using it. (JBK)
  • 59% of construction companies use the Bluebeam (Revu) mobile app for plan management. (JBK)
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Prescott Living Magazine

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Prescott Living Magazine
OUT & ABOUT — Thank you to Karen Shaw for sending in these shots of Jerome and the San Francisco Peaks on a beautiful winter day! We publish reader photos in every issue of Prescott LIVING. Send in your best shots by email to photos@roxco.com. Photos should be taken by you, anywhere in the Greater Prescott area. Selected photos will appear in print and on our social media channels.#jeromeaz #prescott #northernaz #sanfranciscopeaks ... See MoreSee Less

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Prescott Living Magazine

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Arizona State Senator Ken Bennett will read a proclamation in memory of Dr. Billie Orr on Wednesday, Feb. 1st at 1:15 p.m. on the Senate floor. The session will be livestreamed at www.azleg.gov/liveproceedings. Here is the text of the proclamation. . . . Recognition In Memory of Dr. Billie OrrWHEREAS, Dr. Billie Orr served the citizens of Prescott on the City Council from 2015 until 2021 and during that time as mayor Pro Tempore from 2017 until 2020; andWHEREAS, she was a member and past President of the Republican Women of Prescott; andWHEREAS, Dr. Billie Orr Founded the Mayor’s Commission on Well-Being for the City of Prescott; andWHEREAS, Dr. Billie Orr served as City Council Liaison for several City Boards and Commissions during her tenure as Councilmember; and WHEREAS, she served as a Board Member of Arizona Town Hall, Prescott Western Heritage Foundation and Yavapai Big Brothers Big Sisters; andWHEREAS, Dr. Billie Orr was an active Rotarian, serving on Rotary Clubs in the Phoenix area and in Prescott; and WHEREAS, she was a big fan of pickleball and helped Prescott Build outdoor courts for its citizens; andWHEREAS, prior to her service in Prescott, Dr. Billie Orr was active in Arizona education for more than twenty-five years; and WHEREAS, Dr. Billie Orr served the citizens of Arizona as Arizona’s Associate Superintendent of Public Instruction; andWHEREAS, under her leadership, Arizona created state academic standards that were ranked among the best in the nation; andWHEREAS, in earlier years she taught in the Madison District in Phoenix and was the Principal of Kiva School in Scottsdale; andWHEREAS, Dr. Billie Orr was a dedicated and longtime public servant to the citizens of Arizona who brought a positive and caring aspect to her service, inspiring many who worked with her; andWHEREAS, Dr. Billie Orr will be greatly missed by her many friends in Prescott and throughout Arizona; andNOW, THEREFORE BE IT RESOLVED, our heartfelt condolences and prayers go out to her husband Bob, their children and grandchildren and all family members.. . . ... See MoreSee Less

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