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How construction companies can maximize the benefit of the growing economy
By Nate Budde
It goes without saying that a strong economy is generally better than a weak economy. For construction companies, however, a growing economy can be fraught with peril. In fact, subcontractor failure rate is three times higher in a recovering economy than it is when the economy is stagnant. The savvy construction company, though, can avoid many of these pitfalls through technology. The many cloud-based tools available empower construction companies to get the benefits of the recovering economy, while avoiding the bad parts.
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Bigger doors, windows gain appeal
Plastics News
Door and window manufacturers are continuing to super-size product lines to make a grander first impression at main entrances and to expand vista views of the outdoors and patio areas. Therma-Tru Doors unveiled new 7- and 8-foot fiberglass exterior doors at last month's International Builders' Show to capitalize on the trend toward new homes built with higher ceilings.
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    New Breed of Software for Replacement Contractors has Changed the Game

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Construction industry adds 29,000 jobs in February
For Construction Pros
The U.S. construction industry added 29,000 jobs in February, according to the March 6 Bureau of Labor Statistics preliminary estimate. In addition, January's construction estimate was revised upward from 39,000 to 49,000 net new jobs. Nonresidential construction added 12,000 net new jobs in February, with nonresidential specialty trade contractors and nonresidential building adding jobs while the heavy and civil engineering segment reduced employment.
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OSHA cites huge cost of workplace injuries. The solution? Prevent them
Every year, more than 3 million workers are seriously injured, and thousands more are killed on the job. In a new report, the Occupational Safety and Health Administration details the enormous financial and social cost of these injuries, which are largely borne by workers, their families and taxpayers. Keep reading to learn more.
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Do you have a 'small business' personality?
Business News Daily
You might not ever get rich working for a small business, but there are certainly a lot of perks. For example, you'll be part of a close-knit, highly valued team; you'll have a real impact on the direction of the business; and you'll get to know the "C-suite" on a personal level. The downside, however, is that it's a bit more difficult to get hired at a small business than at a big company. Smaller organizations typically operate with a limited budget, and when someone is added to the payroll, the whole business feels the effect. That's why small business owners are especially selective about the people they hire — and it's not always about your skills and experience.
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Contractor optimism reaches historic high in annual construction industry forecast
Equipment World
The last time contractors were this optimistic, the economy tanked and went into the longest and deepest recession since the Great Depression. That was ten years ago. Today's optimism is reported in the recently released Wells Fargo Construction Industry Forecast 2015. Of course this time, as economists like to say, it's different. The last recession was sparked by a massive, mortgage based credit bubble. And this time, there aren't enough houses being sold or mortgages being made to come anywhere near a bubble.
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Are you experiencing career frustration?
By Hank Boyer
One of the most unexpected things about a career or job choice is that sooner or later you realize that you are experiencing some level of career frustration. What is the likelihood of feeling satisfied with your current career/job all of the time? If you said "not good," you would be right. There will always be parts of the job that you prefer less. There are usually challenging people with whom you must work. There will be things you don't think are fair. The problem is that there are no guarantees you'll find things any better at a different employer.
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Missed last week's issue? See which articles your colleagues read most.

    NAWIC observes Women in Construction Week, March 1-7 (PRNewswire)
Pending legislation could have major impact on construction contractors (For Construction Pros)
Charitable planning: How to donate and get tax breaks for giving (By David B. Mandell, JD, MBA, and Carole Foos, CPA)
Energy-efficient technology for homebuilders (Constructech)

Don't be left behind. Click here to see what else you missed.

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Colby Horton, Vice President of Publishing, 469.420.2601
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Christina Nava, Content Editor, 469.420.2612  
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