Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.

U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. Across the trucking industry, labor productivity increased 4.7%. Labor productivity ...

Extreme heat decreases labor productivity in sectors like construction, where much work occurs outdoors. Because construction is an important component of investment, lost productivity today will slow ...

Since 1970, the US population has grown by more than 100 million and, from an economic standpoint, productivity expanded alongside it. But despite advances in the way we live and work, research ...

All kinds of industries have been taking hits on Wall Street lately, as investors begin to worry that new artificial intelligence tools have the potential to disrupt them. In the last week alone, it’s ...

The Productivity Commission defines productivity as "a measure of the rate at which output of goods and services are produced per unit of input (labor, capital, raw materials, etc.)." Productivity has ...

There’s been much talk recently – especially among politicians – about productivity. And for good reason: Australia’s labour productivity growth sits at a 60-year low. To address this, Prime Minister ...

As Canada moves into 2025, its productivity still lags, despite efforts by the federal government to address the issue in the 2024 federal budget. Canada’s productivity has declined in nine of the ...

Indonesia's human capital development is middling. The Asian Financial Crisis resulted in a long-lasting premature transition to a services-based economy, with the resulting jobs having few ...