EU construction productivity still outpaces US despite overall decline
Labour productivity in the construction sector has declined in both the EU and the US since 2000. However, the drop has been significantly steeper in the US, allowing EU contractors to maintain a lead despite challenges faced on both sides of the Atlantic. The reasons behind this trend highlight structural differences in investment, digitalisation, and resilience after the 2008 crisis. Construction lags far behind manufacturing in both regions In manufacturing, productivity has surged: it nearly doubled in the US and increased by about 60% in the EU over the past 25 years ...
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