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May 24, 2021
Construction Digitization: Understanding the Impact on Profitability
For one of the global economy’s largest sectors, the construction industry has a mulish productivity problem. While labor productivity across all industries has jumped 2.8 percent over the past two decades, the construction industry has only seen a one percent productivity increase over the same time period, according to Reinventing Construction: A route to higher productivity, a McKinsey Global Institute report.