The Construction Financial Management Association has released the results of its quarterly CONFINDEX survey showing that the overall CONFINDEX reading declined by more than 6 percent during the first quarter and is down more than 10 percent on a year-over-year basis. Overall, CONFINDEX stood at 116 during the second quarter, after holding steady at 124 for the last two quarters of 2017. “Undoubtedly, construction CFOs, who were concerned about profit margins in earlier quarters given expanding worker shortages, are now even more concerned given recent spikes in fuel and softwood lumber prices and the implications of recently enacted tariffs on … Read more