Consolidation Thomas C Schleifer, Ph.D. This post-COVID economic environment is not a normal market. It is a disorderly market that will haunt construction for years. I digressed from my usual reflections last week to encourage industry professionals to change their...
IF Thomas C Schleifer, Ph.D. It is somehow comforting when other experts confirm your view of the world. Just this week in Engineering News Record: ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
Productivity – The Only Way Out Thomas C Schleifer, Ph.D. There is a difference between cycles and trends. For example, the supply chain bottle neck caused by COVID is a disruption that will cycle away as China opens, truck drivers return to work, and the...
Defense Mechanisms Thomas C Schleifer, Ph.D. Last week we renamed the impending “recession” being brought on by the Fed’s interest rate battle against inflation – “bottom-line recession” – for the construction industry. Bottom-line...
