2022 Contractors Cost Conundrum

This webinar will outline some of the current economic & staffing challenges faced by contractors. The Construction Labor Research Council compares the cost of living (CPI) to the extremely large increases in the commodities purchase by contractors as well as another lesser known but critical difficulty, variability. The extreme variability & unpredictability in the cost of construction commodities, spending on construction and even employment, all make planning very difficult. Use the knowledge from this webinar as an intro to better understanding key economic factors critical in running a company, as an illustration to support your proposals to customers, or as insight into the larger story of the many challenges facing contractors.

Carey has extensive experience in a wide variety of research, consulting and data analysis projects. While enhancing CLRC’s existing products and services, he has developed numerous new products that convey unique perspectives on labor costs and workforce needs. This includes the Market Share, Union-Nonunion Wage & Fringe Benefits Comparison, Benchmark Analysis, and Contract Costing reports available from CLRC. Carey has also grown the CLRC settlements database from a few hundred contracts to over 1,500. Organizations are often interested in CLRC’s research, so Carey presents the results at numerous conferences and seminars each year.