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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (22933)2/5/2005 2:09:54 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
In a given month, the number of guys working under my husband will swell to 60 and shrink to 10, sometimes repeatedly and he is one of 13 foremen in a fairly small contracting firm who handle crews this way. The way construction firms operate now is almost with no regular fulltime permanent employees, everyone is hired and laid off as needed on a daily basis. In the dead of winter unless the weather is especially cooperative, anyone who doesn't have a long history with the company is laid off. The rest are wishing they were because they are outside working on a site with no roof and no walls.

I do not doubt that construction is volatile
You clearly missed me BOLD the word NEW.
How many NEW construction business are started
So what a construction company goes from 10 to 40 to 5.
It only matters if it is a new business.
Are there really that many NEW construction businesses being started.

Perhaps there are.
I doubt it.
I also doubt that that many construction businesses died 6 months after they started up either. In short, someone made a bad guess. I am not saying it is easy, I am just saying it was bad. The same thing with professional services. I doubt that most of those are remotely viable businesses in the first place.

Mish