Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.

Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...

After three ‘lost decades’ of economic performance, wages in Japan showed signs of positive growth in 2024. To deliver sustained increases to real wages, Japan must improve labour productivity growth.