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From a Cost Perspective, Now is a Good Time to Build
In January 2008, RSMeans’ Construction Cost Index (CCI) increased 3.5% year-over-year, but only 1.7% on a quarter-to-quarter basis, annualized. The present is a particularly pressure-free time with respect to construction cost hikes. For those with steely nerves, the time to build might be quite propitious. First, interest rates have fallen again, provided you can line up the financing. Second, construction costs are likely to continue under control due to a number of factors, as outlined in this report.
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Favorite Book 2007
The Toyota Way is my favorite book for 2007. It had so many good ideas that I could not keep up and ended up reading it again and even buying the Field Book to go along with it.
Download Elegant Solutions from Change This which provides some highlights of the Toyota Production System. Too many ideas that are applicable to contractors to even count!
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