The Equipment Today team discussed the state of the construction industry with Herwig Peschl, senior vice president, global construction & infrastructure, for Caterpillar.
What was the construction industry’s biggest challenge in 2023?
The biggest challenge we continue to hear from construction customers is the shortage of skilled operators.
What will be the biggest challenge in 2024 for the industry?
The shortage of skilled operators will likely continue to be a challenge for our customers. The U.S. infrastructure bill is providing new funding to upgrade the nation’s roads, bridges, airports and ports; ensure climate resiliency in new infrastructure projects; and expand and improve the country’s transportation and power systems. We need operators to help us build a better, more sustainable world.

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