Construction: How to turn 36 seconds into USD 5.4 billion

Saturday, July 11, 2020 - 16:30 in Mathematics & Economics

A team of researchers have, for the first time ever, linked 40 years of productivity data from the construction industry with the actual work done. The results show that productivity in the construction industry has been declining since the 1970s. The results also explain the decline and how to achieve far more efficient construction in North America and Europe.

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