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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


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