Contractors Remain Confident in Industry Growth Despite Cold Weather Snap

Frigid, stormy weather across much of the U.S. isn’t dashing the optimism of contractors. Even though some work has slowed a bit because of the extreme weather, contractors are more optimistic about 2014 than they have been in a long time, according to Stephen Sandherr, chief executive of Associated General Contractors of America. A blog post on WSJ.com states: A survey by the trade group found its members expect private spending to rise this year for most types of building projects. They forecast government spending on infrastructure will level off after several years of declines. Many firms plan to begin hiring again, while relatively few plan to start making layoffs.”

http://blogs.wsj.com/economics/2014/01/21/cold-weather-hits-construction-but-not-contractors-confidence/