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Shaky Economy Leaves Firms Unsettled About What Lies Ahead
Publication Date: 09-SEP-09
Author: Bruce Buckley Format: HTML
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Description: These days, revenue is a deceiving gauge of market conditions. Many top contractors reported record revenue for 2008 and they expect to finish out this year with strong numbers as they consume backlog built up in better times. But as jobs won during the boom reach completion, the reality of today’s troubled market is settling in, leaving large firms nervous about what late 2010 and 2011 could bring.
Generic Keywords: (What are these?)
Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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