3 recent developments in ‘constructuring’

Construction’s rate of increasing efficiency from one year to the next sits at the bottom of the charts, averaging just 1% annually over the past two decades compared with 2.8% for the total economy, McKinsey & Co. found. The manufacturing sector, meanwhile, grew by 3.6% and could be a perfect role model to the construction industry as it continues to be presented with new, innovative technologies as well as mounting industry challenges.

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