We all want a crystal ball to predict what the future holds. PlanHub has got something even better. Last week we released our 2022 Construction Industry Report looking at aggregated data from 26,000 general contractors and 270,000 subcontractors. In addition, we conducted in-depth surveys in December with 465 general contractors to ask them questions about what they are experiencing in their businesses. To launch our report, PlanHub recently held a webinar with over 85% of PlanHub’s general contractors attending.
Key Highlights
Predicting growth. Despite the doom and gloom we often see in the media, our survey showed optimism about the outlook for 2023 — 82% of GCs expect to grow their businesses this year!
More civil infrastructure projects. PlanHub saw a 290% increase in transportation and civil infrastructure projects posted on PlanHub between January 2021 and October 2022.
Role of technology. Technology is playing an increasingly important role in the industry – both general contractors and subcontractors are rapidly adopting technology tools like PlanHub to increase productivity – in fact 91% of GCs are planning to use or considering using new technologies in 2023.
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PlanHub is your simplified platform for preconstruction. Our cloud-based platform is powerful and easy – with exactly what you need to win. To find out all the ways that a PlanHub membership can help you be more competitive and grow your business, schedule a demo today.
Resources
Five Ways to Build Stronger Relationships in Construction
Blog Summary: Discover five practical strategies to build trust, enhance communication, and strengthen relationships in the construction industry. In the construction industry, maintaining a strong
What is a Construction CRM? Streamlining Project Management and Client Relationships
Blog Summary: Your network of contacts is only valuable if it is properly managed and nurtured. Learn how a Construction CRM can help you organize
NAHICA and PlanHub Partner to Empower Hispanic Construction Businesses Nationwide
The National Hispanic Contractors Association (NAHICA) and PlanHub, a leading cloud-based construction project management platform, are thrilled to announce a groundbreaking national partnership. This collaboration
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