Things looking up for the nation’s contractors

Associated General Contractors of America thinks the corner has turned.

In releasing its 2014 Construction Industry Hiring and Business Outlook, AGC noted firms plan to begin hiring again and most contractors predict demand will either grow or remain stable.

“While the industry has a long way to go before it returns to the employment and activity levels it experienced in the middle of the last decade, conditions are heading in the right direction, Chief Executive Officer Stephen E. Sandherr said.

While relatively few plan to start making layoffs, AGC said 41 percent of firms that did not change staff levels last year report they plan to start expanding payrolls this year. Only 2 percent plan to start making layoffs. However, net hiring is likely to be relatively modest, with 86 percent of firms reporting they plan to hire 25 or fewer new employees this year.

AGC reported contractors are more optimistic about demand for new water and sewer construction, with a net positive of 17 percent. Contractors are mildly optimistic about the market for highway construction, with a net positive of 10 percent. Many contractors also report they plan to add new construction equipment.

There’s a lot here to digest, but Oregon has some good things going for it. How that translates to Jackson and Josephine counties, is yet to be seen.

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Delta knows the secret to airlines success. The Atlanta-based legacy carrier reported net of $558 million, or $0.65 per share, the final quarter of 2013, and $2.7 billion, excluding special items, for the entire year.

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First it was plain ol’ Cheerios, now Honey Nut Cheerios are in the non-GMO cross-hairs

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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