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By Bill O'Neil An improving picture--that's just what analysts expect to see from the construction industry over the course of this year--and while that includes more hiring--industry insiders will tell you that hiring will be limited.
"With 79-percent of firms reporting they plan to hire fifteen or fewer people, and only thirteen-percent planning to hire more than twenty-five new workers" said Associated General Contractors of America Chief Executive Officer Stephen Sandherr. Any additional economic boost inlother secotrs will also be limited a bit according to the experts.
"Sixty-four percent of frims plan to purchase new equipment this year--down from seventy-percent who had those plans last year" said Associated General Contractors of America Chief Economist Kenneth Simonson.
Closer to home though--the picture does appear to be a little more rosy.
"The recession didn't hit Texas as badly--or to the extent that many areas of the country have seen--so I guess were clawing our way back out from not as deep of a pit" said New Braunfels area contractor Dean Word, who sees signs of strength in the neighborhood.
Closer to home though--the picture does appear to be a little more rosy.
"The recession didn't hit Texas as badly--or to the extent that many areas of the country have seen--so I guess were clawing our way back out from not as deep of a pit" said New Braunfels area contractor Dean Word, who sees signs of strength in the neighborhood.
"I think the energy sector is going to e strong for agood while, and commercial c onstruction is coming back in areas" Word said.
