Past speaker at a CIRT Conference, Daniel Groves (Construction Industry Resources), has just recently completed a skilled labor market analysis for Arizona and the Phoenix, Tucson, and Flagstaff MSAs. The report projects labor cost growth through 2028 and examines several key labor issues – project spending and timing, skilled craft market volatility, supply insufficiency, and cost escalation – for the industrial construction market.
Across the United States, construction spending and corresponding skilled labor demand is producing a shortage environment which is increasing competition for limited supply and appears destined to last for an extended period of time. The Arizona construction market is equally stressed, driving a surge in demand for skilled labor that creates project uncertainty. If you are in this geographic market, or are considering it, the report will heighten your knowledge of the regional labor market to ensure you aren't surprised by what's ahead during planning and execution – or when bidding on a project in the state.
For more information on how to purchase this analytics report on labor market conditions in portions of Arizona, go to: www.ciranalytics.com