Visit Dr. Schleifer’s Business of Construction Library
Learn about the Manual of Construction Practice, Construction Tools, and more!
14th Crisis-era Message to Contractors from Dr. Tom Schleifer: Construction Market Downturn’s Impact on Profitability
14th Weekly Crisis-era Message to Contractors from: Dr Tom Schleifer
Construction Market Downturn’s Impact on Profitability
Most industries prosper during growth and many also profit when sales decline. Logic would suggest that if a business makes $X profit while operating at full capacity it would make 80% or 90% of … Read the rest “14th Crisis-era Message to Contractors from Dr. Tom Schleifer: Construction Market Downturn’s Impact on Profitability”
The Destructive Low Bid Myth
The Destructive Low Bid Myth
by Simplar Institute
About 150 years ago, our forefathers bestowed the competitive bidding concept on us in order to curb corruption, inefficiency, and mismanagement by government officials. In New York, the competitive bidding requirements of Canal Law, Sec. 30, appear to date back to legislation … Read the rest “The Destructive Low Bid Myth”
13th Crisis-era Message to Contractors from Dr. Tom Schleifer: The Dynamics and Patterns of a Construction Market Downturn
Thirteenth Crisis-era Message to Contractors from: Dr Tom Schleifer
The Dynamics and Patterns
of a Construction Market Downturn
Finally: some light at the end of the tunnel. The US economy may have bottomed out and unemployment may have leveled, even improving some. I say “may have” because the Labor Department … Read the rest “13th Crisis-era Message to Contractors from Dr. Tom Schleifer: The Dynamics and Patterns of a Construction Market Downturn”
Compression
Compression
Schleifer’s Dictionary of Business English
Compression: the domino effect of the downward pressure applied to construction pricing by large contractors during market contractions.
Compression occurs during construction market downturns when the larger and biggest contractors, determined to take any available work to keep their … Read the rest “Compression”
12th Crisis-era Message to Contractors from Dr. Tom Schleifer: The Potential and Timing of Recovery
Please circulate this widely. It will benefit your constituents. This research is continuous and includes new information weekly as it becomes available. Thank you, Tom
12th Weekly Crisis-era Message to Contractors from: Dr Tom Schleifer
The Potential and Timing of Recovery
The US economy will recover as will the construction … Read the rest “12th Crisis-era Message to Contractors from Dr. Tom Schleifer: The Potential and Timing of Recovery”
If You Take Your Eye Off the Ball You’ll Strike Out
If You Take Your Eye Off the Ball
You’ll Strike Out
The Last Downturn
The 2008-2012 construction market downturn hit residential construction first. The burst of the $8 trillion housing bubble in 2007, and the subsequent collapse of the financial markets in 2008, created massive disarray in homebuilding. As many … Read the rest “If You Take Your Eye Off the Ball You’ll Strike Out”
OUR PARTNERS
