CFMA view finds revenues and profit...
CFMA view finds revenues and profits up dramatically Contractors generally experienced a healthy business environment in 1999 according to the 11th annual Construction Industry Financial measure and estimate of the Construction Financial Management Association (CFMA). incomes of the average industrial and non-residential contractor increased 24 percent from the preceding year, to $134 million. Although this was a healthy increase, it cruel short of the 40 percent increase in 1998 Gros profit increased on 17 percent, to $6.7 million, although gros profit as a share of
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