Nightly Nuance - July 26, 2021

We hope you are loving the Infrastructure in Real Life series! We're back today with our final contributor, Jordan. Her insight into the construction industry will be super helpful as you listen to the main episode tomorrow, which focuses on transportation.

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The #1 thing I want people to take away from this is that we need more people in the construction industry. If you know someone looking to enter the workforce out of highschool, college, a military background, or a break from the workforce, point them to a construction industry job! Accountants, plumbers, engineers - we need all kinds.

If we want to invest in our nation’s infrastructure, it will take more than tax dollars. It will take our time.

I can’t wait to hear your thoughts and questions! Please see the links below for more information.

Healthcare Price Escalation (this is where I got 4.5% price escalation for healthcare)

https://www.healthaffairs.org/doi/abs/10.1377/hlthaff.2019.01451

College Tuition Price Escalation (this is where I got the 6% price escalation for tuition)

https://www.edweek.org/leadership/opinion-why-has-the-cost-of-college-outpaced-inflation/2019/04

Construction Cost Escalation (I think Turner Construction has the best graphics)

http://www.turnerconstruction.com/cost-index

US Chamber of Commerce (this is a great place to learn about the industry as a whole)

https://www.uschamber.com/sites/default/files/cci_2021_q1_report.pdf

The National Institute of Home Builders (this is where I got the information about people leaving the construction industry around 2008)

https://www.nahbclassic.org/generic.aspx?sectionID=734&genericContentID=272199&channelID=311

The Census numbers on the construction industry

https://www.census.gov/construction/c30/pdf/release.pdf

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