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Your 2014 guide to financial risk in the construction industry

from By Scott Wolfe

At the start of 2013, many construction industry economists predicted a "rebound" for the industry. While construction spending grew during the calendar year overall, it wasn't quite the rebound originally anticipated. We're now turning the page to 2014, and the industry is excited about lots of positive economic indicators. Are we really on the cusp of a strong market rebound? The answer is probably yes, but the result of that is not as rosy as it may sound. In fact, a rebounding economy is riddled with extra financial risk, and this article presents a guide to understanding and addresses those risks. more

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