SMACNA’s 2023 Annual Industry Labor Report is now available for all members to view.
The report includes data from 33 local areas and finds that there was a 6.43% decrease in work-hours reported. The Southern Region saw the largest percentage of increased hours reported, followed by a similar increase in the Midwest Region. The East and West regions both saw a decline in work-hours reported.
Overall work-hours are predicted to decrease an average of 0.39% in 2023. Almost 40% of responding areas are projecting an increase of work-hours for 2023. Of the remaining chapters, 30% of areas are projecting stable work-hours and 30% are projecting a decline in work-hours.
While the Southern Region is projecting a 4.43% increase of work-hours, the Midwest Region is projecting stable work-hours and the West and Northeast Regions are both projecting declines. The largest projected decline is in the Western Region, with a projected 4.52% decrease in work-hours, followed by the Northeast with a 1.35% decline in work-hours.
To learn more about these and other findings, or to request a copy of the report, please contact Caroline McGraw at email@example.com.