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As we enter 2024, there are notable worries about a potential decline in the industry, but there is also hope that artificial intelligence (AI) can address numerous challenges faced by the industry. Despite these concerns, the industry remains committed to innovation.

In this trends update, we'll explore six trends in the Construction industry:

  1. Signs of the market slowing down
  2. Approaches contractors are taking to address an anticipated slowdown
  3. The rise of AI and robotics
  4. An experimental government contracting approach
  5. Embodied carbon
  6. Changes to Davis-Bacon and related acts