Interesting stuff from The Construction Chart Book (6th edition)

Interesting stuff (well I find it interesting) from the page for Main Findings in the The Construction Chart Book (6th edition)

• As of 2012 (the latest year for which data are available), 80% of the approximately 3 million construction establishments had no employees (or were non-employers, such as sole proprietorships; see page 2).
  I DID NOT KNOW THAT! Wow! I find that number surprising. I would have guessed 40%.
• More than 80% of construction establishments with employees (or payroll) had fewer than 10 employees (see page 2).
  That I knew from past readings of reports from The Joint Center for Housing Studies of Harvard University over the years.
• In 2015, the construction industry contributed 4.1% to the U.S. Gross Domestic Product, compared to 3.5% in 2010
  I knew that too. Or at least I knew that the construction industry is one of the largest contributors to the National GDP.
• (From page 3) Establishments without payroll (i.e., nonemployer establishments) constitute the majority of businesses in the construction industry. A nonemployer establishment has no paid employees, has annual business receipts of $1 or more in the construction industry, and is subject to federal income taxes. Nonemployer businesses may operate from a home address or a separate physical location. More than 90% of nonemployer establishments in construction are individual proprietorships or self-employed, and the rest are small corporations and partnerships without paid employees.
• Between 1985 and 2015, the average age of construction workers jumped from 36.0 to 42.5 years, exceeding the average age for all industries
• Union members in construction have advantages in educational attainment, wage and fringe benefits, training, and longer employment tenures, compared with non-union workers.

J. Jerrald Hayes

Primus Inter Pares at Paradigm Projects, Ltd.

I am an architectural woodworker and general contractor turned IT, Business and Project Management consultant, software developer wannabe senior division triathlete and ski racer, Yankee fan and founder of ParadigmProjects.com, 360 Difference Mac4Construction.com,iOS4Construction.com and now TheBuildingAndRemodelingWiki.com too.