State’s Construction Industry, Contractors Coming Back to Life
“It’s a whole lot more fun to come to work these days,” says John Mullin, president of Pacific M Painting in Escondido and a board member with the California Professional Association of Specialty Contractors (CALPASC). “There is far less pessimism in the market.”
A sampling of contractors and trade associations from around the state indicates that the first rays of recovery from the economic downturn that shook California’s construction industry are finally beginning to shine. Statistics from CSLB and building sources confirm that sentiment, but no one is turning somersaults, at least not yet. It appears that the business comeback for contractors still varies according to region and trade type.
The uptick may be a long way from the peaks of the early 2000s, but few are complaining after having survived the latter part of that decade, which saw the worst economic collapse since the Great Depression—with the housing and real estate industries leading the plunge.
Read the full article: CLC Newsletter Fall 2013.