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Overall, taxes and unpredictable business than other industries. The first of these items is
conditions are the two most common factors consistent with NAHB builder surveys indicating
with negative impacts on business profitability, that obtaining qualified labor is a significant and
cited by 48.8 and 43.9 percent of U.S. businesses, growing problem for many home builders.
and by 54.0 and 46.2 percent of construction
NAHB SEPTEMBER 2017
businesses, respectively (Exhibit 2).
In fact, most of the items listed in Exhibit 2
affect construction businesses more often than
other industries. The exception is changes in
technology, which construction businesses cite
as a problem considerably less compared to
the average across all U.S. industries. However,
the two items that most stand out and
distinguish construction from other industries
are 1) the challenges of finding quality labor
and 2) customer late/nonpayment. Both
affect construction industry much more often
OCTOBER 2017 | GREATER SAN ANTONIO BUILDERS ASSOCIATION 13