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Key Takeaways
- Construction output has declined in recent years. Prompt action to stimulate demand is necessary to sustain this critical workforce and preserve long-term industry capacity.
- Assuming continued economic growth, scaling up the training system to meet workforce needs for housing and clean energy should be an attainable goal.
- Recent progress in racial, ethnic, and gender diversity presents an opportunity to expand the industry’s future labor pool.
- Reducing construction costs while maintaining competitive, family-sustaining wages will require meaningful gains in productivity.
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