It is bad out there the last 2 years has been my worst time in my 30 years in the construstion business;
In my business my competion is doing work for no profits or just trying to keep the cash flowing;
Its really bad for the construction business ,,,the banks do not want to loan anybody any money to buy a new home or renovate ther existing homes;;;
For example ;;last week i bid a commercial jod with another company and our bid was $350,000.00 bucks with a 10 persent over head and a 15 percent profit for the main contractor and my profits was around 12% and the other contractors price was $ 175,000.00 plus another $50.000.00 dollars of extras work that our customer wanted to do;
You do the math;;;not good at all;;;
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