Winds of Change

Doyle
Candy Doyle

Change is here to stay; you might as well get used to it.

That, in the most simplistic terms, is the construction industry's forecast - and advice - for 2003.

Adapting to whatever the future brings, though, should be getting easier: Ever since Sept. 11, 2001, the economy has offered no signs of real steadiness, no meaningful displays of stability.

Yet, the industry - in Wisconsin and nationwide - met the challenges posed head-on. And, frankly, while manufacturing couldn't manage to get out of its slump and talks of double-digit recessions took place, albeit in hushed tones, construction managed just fine.

Not to say there weren't obstacles - there were plenty of reasons to worry about the state of the state. A projected $2.6 billion state budget deficit - and potential loss of public works jobs - comes to mind.

But while there have been soft spots, construction here and elsewhere held its own. And there's no reason to believe the industry won't be able to do more than merely survive this coming year. But growth will take greater effort.

In this issue of Wisconsin Builder, you'll find information about where to direct that energy - such as finding ways to deal with rising health-care costs - and what's looming on construction's legislative horizon.

Additionally, you'll read about a few less fortunate members of the industry whose businesses are facing failure. We've asked them what went wrong, so you can make it right.

Finally, we talked to economists and industry observers for a clear-cut answer to the question: What will 2003 hold for the construction industry?

Not surprisingly, we received conflicting responses. But the overall tone was cautiously optimistic, and the underlying message was: Expect a few stormy economic skies in the year ahead, butknow the front won't last forever.


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