Brian Cassil Posted January 20, 2009 Share Posted January 20, 2009 We're also in the healthcare market which has been great up until the last few months of 2008 when the market caught up to our specialty as well. I account two large factors for this..... The first one was the November elections, with people keeping tighter with their personal budgets they were less likely to pass the bond issues on ballots that a lot of public institutions like hospitals rely on for funding. I saw a number of projects outside our project load that went on hold until project funding which once was in place could be re-established. The second issue is that healthcare was a stable market which looked really good to firms who carry other specialties as their own fields were drying up. So we had a market in which people were crossing over into different markets where the jobs were flooding the market a bit and left us with even more people fighting for fewer jobs. Luckily for us there are still a lot of projects starting up, you just have to fight extra hard to win them. Yes, the lending problems and the increased competition in our specialty along with all other project types dropping off almost completely (around 35% of our work was non health care) are the biggest factors in our work decrease. Clearly that is a problem for everyone... except Maxer and Frosty for some reason. Do you guys take extra hookers and booze to your interviews? Link to comment Share on other sites More sharing options...
Devin Johnston Posted January 20, 2009 Author Share Posted January 20, 2009 Yes, the lending problems and the increased competition in our specialty along with all other project types dropping off almost completely (around 35% of our work was non health care) are the biggest factors in our work decrease. Clearly that is a problem for everyone... except Maxer and Frosty for some reason. Do you guys take extra hookers and booze to your interviews? We will now Link to comment Share on other sites More sharing options...
BrianKitts Posted January 20, 2009 Share Posted January 20, 2009 (edited) Do you guys take extra hookers and booze to your interviews? nice.... (singing some rodney carington in my head right now) was reading wired on my lunch break.... one of the articles was tips on keeping your job. synopsis was basically.... 1. improve your skills. Learn a new skill/language or something to make yourself better. 2. get noticed. take initiative, propose something new that can help the company. 3. don't get noticed. don't go posting your resume online unless it's with a super secure site, if your boss see's your looking your name goes straight to the top of the list who are the first to go. 4. The last one was something about figuring out how your skills could work in another market if yours dies and you lose your job. Little pessimistic if you ask me, but I guess it is something you may have to consider. Edited January 20, 2009 by BrianKitts Link to comment Share on other sites More sharing options...
Frosty Posted January 20, 2009 Share Posted January 20, 2009 We do higher ed, institutional, health care, research facilities and museums. Zero residential. We've started doing a limited amount of competition work. I do a mixture of design, competition and viz. The scary part is that Ivy League higher ed is slowing down or stopping construction projects. I think the market turmoil has severely affected endowment funds. What investors and project funders should realize is that the construction industry is starving and that means a great bidding climate for owners. Every project is coming in under budget. I realize the market is likely to get worse for the near future. But when this thing turns around....woah nelly! The smart money is going to want to get building while its cheap. Everyone on the sidelines right now is going to want to build immediately. Link to comment Share on other sites More sharing options...
Crazy Homeless Guy Posted January 20, 2009 Share Posted January 20, 2009 (edited) We are staying busy for now, our work is in a variety of areas, and several of our projects are international. No residential work. At least not in terms of houses. Edited January 20, 2009 by Crazy Homeless Guy Link to comment Share on other sites More sharing options...
William Alexander Posted January 20, 2009 Share Posted January 20, 2009 So far it seems to be working, and it doesn’t hurt to live in a city that has been virtually unaffected by the sub prime mess. lol Ya'll need to say where that city is, hehe. Or is this protectionism of the gulf coast of texas, ROTFL Been down to the Pavillions lately? ... they still filling lease space? Link to comment Share on other sites More sharing options...
Devin Johnston Posted January 20, 2009 Author Share Posted January 20, 2009 I realize that living in a desert like Dallas you're naturally envious of us gulf coasters . Link to comment Share on other sites More sharing options...
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