What does construction industry mean?
Definitions for construction industry
con·struc·tion in·dus·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word construction industry.
Princeton's WordNet
construction industry, housing industrynoun
an industry that builds housing
Wikipedia
construction industry
Construction is a general term meaning the art and science to form objects, systems, or organizations, and comes from Latin constructio (from com- "together" and struere "to pile up") and Old French construction. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction industry contributes significantly to many countries’ gross domestic products (GDP). Global expenditure on construction activities was about $4 trillion in 2012. Today, expenditure on the construction industry exceeds $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecast to rise to around $14.8 trillion in 2030.Although the construction industry promotes economic development and brings many non-monetary benefits to many countries, it is one of the most hazardous industries. For example, about 20% (1,061) of US industry fatalities in 2019 happened in construction.
ChatGPT
construction industry
The construction industry is a sector of the economy that involves the planning, design, building, maintaining, repairing, or demolishing of infrastructure like residential and commercial buildings, transportation facilities, and utility structures. It comprises different professions including architects, engineers, project managers, trade laborers, and involves the use of machinery, tools, and materials. This industry can be divided into various sectors such as residential, commercial, and heavy or civil construction.
Editors Contribution
construction industryadjective
A type of industry involved in construction
The construction industry construct efficiently
Submitted by MaryC on March 20, 2023
Matched Categories
Numerology
Chaldean Numerology
The numerical value of construction industry in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of construction industry in Pythagorean Numerology is: 4
Examples of construction industry in a Sentence
This is a big win in removing compliance hurdles for the construction industry, which is facing multiple economic challenges, including a workforce shortage of 430,000, rising materials prices and supply chain issues. ABC continues to support vaccinations and encourages members to use its COVID-19 vaccination toolkit to keep workers safe on construction jobsites.
I've always had a great relationship to the women, i was one of the first people in the construction industry to put women in charge of major construction projects and my relationship has been great.
American Subcontractors Association certainly isn't the run of the mill activity, even in this post-recession environment that has probably brought some poor habits to the construction industry, some developers have made themselves very wealthy in this country by squeezing five or 10 percent out of folks.
I met the pastor about five years ago, there was a huge shortage of craftsmen in the construction industry.
I was one of the first people in the construction industry to put women in charge of major construction projects and my relationship has been great.
Translations for construction industry
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"construction industry." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/construction+industry>.
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