Construction
Abstract
The economic recession finally caught up with the construction industry. Public works, institutional building, and housing are insufficient to maintain industry momentum in 2003. Overall value remains strong but there are few growth markets domestically or internationally. Two growth niches are military privatization initiatives and security enhancements. While devoting more resources to information technology, full realization of the benefits still exceed industry's grasp. Industry must partner with other stakeholders to fix the shortage of labor in the skill trades. Research funding remains low compared to other sectors. Despite these challenges there are no serious concerns about the ability of the industry to continue to support future national security objectives.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2003
- Accession Number
- ADA524811
Entities
People
- Craig Cowell
- John Jordan
- Kathy Collier
- Kenneth D. Harris
- Nikolaos Karakonstantis
- Ray Josey
- Shanan Farmer
- Stephen Austin
- Steven Fischer
- Steven Grozinski
Organizations
- Dwight D. Eisenhower School for National Security and Resource Strategy