![]() Margin erosion–a gradual reduction in gross profits over time–has actually been increasing in the construction industry. ![]() Low margins are actually getting even lower. Indeed, contractors themselves worry they don’t make enough profit to support their own families and that they’ll die broke.īut this truism–and the humor it gives rise to–obscure a deeper truth: construction profit margins aren’t just low, they’re actually eroding. They’ll have to work until they die or are too old to work anymore. Those in the industry often joke that most construction firm owners won’t retire wealthy at 65. By now it’s a truism that the average profit margin for the construction industry is low. ![]()
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