Mixed signals

Randy Thibaut knew some people in the construction industry weren't going to be pleased with his presentation at a sold-out event recently hosted by the Lee and Collier building industry associations.
But it's hard to argue with the emerging conflicting data, says Thibaut, the president and CEO of Land Solutions in Fort Myers.

Speaking to a gathering of about 350 construction industry executives, Thibaut warned that the threat of higher taxes, labor shortages and rising land costs could slow the nascent homebuilding recovery across the region.

“We may be seeing the first signs of a plateau,” says Thibaut.