Contractor Predictions for 2022

One-hundred contractors respond to a survey on challenges and trends for 2022.
By Construction Executive
March 4, 2022

In a recent survey, Trimble Viewpoint asked 100 contractors about challenges and trends on the horizon for 2022.

Challenges were split fairly evenly, with 35% of respondents concerned about vaccine mandates and other COVID-19-related requirements, 31% concerned about the labor shortage and 26% concerned about supply chain and materials pricing.

Construction trends that contractors are focused on include data/cybersecurity (24%), digital technologies (21%), data accessibility/mobility (18%) and predictive analytics (17%).

The majority of respondents had a positive outlook for the new year, expecting to have more projects (64%), hire more people (53%), see contract values increase (65%) and spend more cash (57%).

by Construction Executive

Construction Executive, an award-winning magazine published by Associated Builders and Contractors, is the leading source for news, market developments and business issues impacting the construction industry. CE helps its more than 50,000 print readers understand and manage risk, technology, economics, legal challenges and more to run more profitable and productive businesses.

Related stories

ICYMI: Highlights From NIBS’ Building Innovation Conference 2024
By Jordan LeGras
CE reports from the National Institute of Building Sciences’ Building Innovation Conference 2024, where industry experts answered questions on sustainability, diversity and inclusion, technology and more.
Nonresidential Construction Spending Slips 0.3% in April, Remains Near Record High
ABC has released its nonresidential construction spending report for April, noting a marginal slip along with maintenance of a near-record high.
Saying the Quiet Part Out Loud
By Tracy Winn
While silent leadership is easy to overlook, it can play a key role in forming deeper and more meaningful connections with work crews, subcontractors, clients, suppliers and stakeholders.

Follow us

Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.