43% of Construction Companies "Turn Down Orders" Due to Labor Shortage, 74% Predict "Construction Costs Will Rise Further in the Next 5 Years"
NQ Score
44/100
N1 Content Completeness
4
AI Summary (NQ-processed)
A survey by Bonobo Inc. reveals that about 70% of construction companies are experiencing labor shortages, leading to 43% turning down orders. Furthermore, 74% predict that construction costs will rise even higher in the next five years, highlighting severe supply constraints and cost increases as critical industry challenges.