The U.S. economy is facing a number of challenges including high inflation, rising interest rates, and a downgrade of the country's credit rating. However, business leaders should not be alarmed by these headlines. A similar downgrade occurred in 2011, and while market dynamics are different to then, these developments are most commonly associated with the back side of the natural economic cycle. When this cycle...

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How does this impact Roers Cos.?On a recent project, the lender increased our rate from the 5.5% we had originally agreed on to 6.0% — a $500,000 hit to our budget. We chose to move ahead at the higher rate.Why? As the project general contractor, we were in a prime position to navigate seasonal and market shifts. We’ve already garnered...