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The Construction User 2.0 - Episode 14: CLRC Quarterly Settlements Report

July 18 2023
Podcast

In this episode, host Kirk Westwood speaks with Carey Peters, Executive Director of the CLRC (The Construction Labor Research Council). The CLRC provides comprehensive consulting and research services to national associations and their regional chapters, contractors, owners, unions, labor-management cooperatives, and others in the construction industry. Carey and Kirk discuss variables within the construction industry’s union labor costs, contracts, workforce demographics, and related information. CLRC’s work is objective, accurate, and credible.

The Construction User 2.0 podcast is brought to you by The Association of Union Constructors (TAUC). Your host, Kirk Westwood, is Director of Marketing for TAUC. Kirk has helped many organizations tell their stories as a photographer, blogger, web-streamer, and consultant. In each episode, we’ll explore the latest labor trends, industry insights, and important issues in the world of construction. Our guests are industry leaders, subject matter experts, and innovative visionaries discussing how we are building the ‘world of tomorrow.’ TAUC is made up of more than 1,800 contractor companies that utilize union labor for their projects, as well as local contractor associations and vendors in the industrial maintenance and construction fields. TAUC’s mission is to act as an advocate for union contractors and enhance cooperation between all parties to achieve the successful completion of construction projects.

Discussion points:

  • The song – Great Gig in the Sky – Pink Floyd
  • CLRCs- what are they and why so important?
  • Big changes, pent-up demand, new settlements, inflation
  • 4.5% increases are average for settlements now
  • Settlements vs. inflation
  • 3-year settlements – tracking statistics
  • Regional differences in the U.S.- Pacific Northwest and West Coast – very high
  • Carpenters, mill rights, laborers, pipefitters
  • Rare for individual wages to go down- but averages can go down
  • Data sources – TAUC is a favorite
  • CLRC is an excellent resource for the industry
  • We’ll look forward to hearing an update in a future show

Resources:

Download the July Quarterly Settlements Report (for members)

Carey Peters CLRC Consulting

Kirk Westwood TAUC

TAUC Website

Kirk Westwood LinkedIn

The Construction User Magazine back issues

Read the full transcript:

The-Construction-User-2.0-Ep-14_-CLRC-Quarterly-Settlements-Report-With-Carey-Peters-Transcript
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