MNL65: Introduction

    Pages: 3    Published: Nov 2012


    Abstract

    The construction industry is a major contributor to the U.S. economy. Its contribution to the U.S. gross domestic product (GDP) can be as high as 10 % or as low as 5 % [1]. Construction worldwide contributes up to 6.5 % to the world gross product [2]. The U.S. construction market is 15 %–25 % of the entire world's construction market. Every percent improvement in productivity in the U.S. construction industry equates to more than $10 billion dollars and will have a major effect on the national economy and resource usage footprint.


    Paper ID: MNL6520121210601

    Committee/Subcommittee: E06.81

    DOI: 10.1520/MNL6520121210601


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    ISBN10:
    ISBN13: 978-0-8031-7037-7