VOLUME 52 NO. 11

NOVEMBER 2018

messenger MIDWEST INSULATION CONTRACTORS ASSOCIATION

16712 ELM CIRCLE OMAHA, NEBRASKA 68130

Thanksgiving is truly a time to reflect on the many blessings

that have been bestowed upon us and our families, wherever

they may be. We give thanks for living in America where we

are truly free to live as we please and to worship as we please.

We are truly blessed to live in a society where we have the op-

portunity to voice our opinions freely.

As Cindy and I reflect on our year, we as a family have much to

be thankful for. God has continued to bless us with good

friends and good health. Our daughter, Mary, continues her

work with Woodmen Life Insurance Company. Our middle

daughter Sarah, is a part-time nurse and full time mother of two

children. Our youngest daughter, Anna, the accountant, contin-

ues to work for ConAga Foods in their internal audit depart-

ment in the Omaha office. Her audit travels have taken her to

Mexico for weeks at a time. She has grown to appreciate the

freedoms that we sometime take for granted here in the U.S.

As we reflect upon our many blessings, it is also important to

reflect upon those among us who are less fortunate in health

and prosperity. We extend our sympathies and prayers to those

families that have lost a loved one this past year. Cindy’s sister

died suddenly two days before Thanksgiving. This has been a

time for us to reflect on her life and how we have been blessed

with knowing her and sharing in the memories.

The concern for others and the willingness to help out has been

and continues to be an endearing trait among MICA members.

You come from such diverse backgrounds, but you all reflect

true Christian values in your personal and professional lives.

Our association is truly blessed to have such strong members.

Cindy, our daughters, and I are most grateful to be a part of

MICA and to have MICA a part of us. You have made and

continue to make MICA a blessing to our family.

Tom Shimerda, MICA Executive Secretary

WHAT’S INSIDE THIS MONTH:

• A Thanksgiving Message.

• President’s Message.

• MICA Future Meeting Dates.

• MICA Pre-Meeting Seminar.

• New Construction Starts in 2019.

• Get Ready for Taxes.

• Dodge Momentum Index Declines in October.

• FMI Releases Big Data White Paper.

• IRS Reminder to Employers.

• Osha Launches Program to Target High Injury Rates.

• OSHA Top Ten Frequently Cited Violations.

• New ArmaFlex® Shield.

• October Construction Starts Soar 21 Percent.

A THANKSGIVING MESSAGE

Thanksgiving marks the start of another Holiday Season and the

end of yet another year. This next month will be filled with

family gatherings, holiday shopping, Hanukah, and Christmas

and New Year’s Eve parties.

This year, our lives continue to be filled with national tragedy

after tragedy. Mass shootings seem to continue on a regular

basis. The midterm elections seemed to drag on and on. We

now have a split congress with both sides seemingly waiting to

disagree with each other. It is time for the politicians in Wash-

ington to do what is best for America and not for their political

affiliation.

As we approach the Holiday Season, we need to reflect on

where we are as a society and ask God for guidance as we navi-

gate our future. There are so many positives of living in a coun-

try where we can still have an impact on the direction that we

want to see our country move. We pray that our leaders will

have the wisdom to lead and the support of the American peo-

ple to do so.

Page 3

PRESIDENT’S MESSAGE

TO: THE MICA MEMBERSHIP

The fall colors are in full bloom here, which means that it

will soon be Thanksgiving and then the full blown

Christmas season gets in full swing.

Thanksgiving traditionally is a great holiday, if you are

male. It seems like my wonderful wife, daughter and

daughter-in-law work for hours in the kitchen while we

sit and watch the endless football games for hours. They

start working early in the morning. First on numerous

pies, then transition in to the preparation of the late after-

noon meal.

My son and son-in-law started helping in the kitchen, and

has been for serval years, with the pies and the meal

preparation. My son-in-law has a real love for rhubarb

and apple pies. So that leaves me watching the football

games pretty much by myself. Really not feeling very

guilty at all, as I take control of the remote.

I see how caring, and helpful all of these amazing people

working together for hours in the kitchen have become.

The other thing I have noticed is that they communicate

and are sharing stories of their lives, catching up on the

latest news since the last time they all worked together.

I have found myself listening more to their conversations

than I am to the football games. I have come to the con-

clusion that my son and son-in-law were not helping out

of guilt, but rather because they wanted to be part of

something that neither one of the individuals involved

could do by themselves. The accomplishment of the

great feast was far more than food. It was the participa-

tion in something much bigger. They were interacting

and really getting to know each other, in a way that you

can’t do unless you are working together for a common

goal.

It brings back the days of estimating large projects before

computers. With days or weeks taking off the project,

different people doing separate areas and systems, the

adding of the numbers from the hundreds of take-off

sheets, the material pricing and labor pricing, and the

hours of multiplying them all out. Then the group gets

together for the labor adds, storage, handling and distri-

bution, lifts, scaffolding, supervision, and trash removal.

Then finally figure the overhead and profit.

I look back at those times and realize how much we

helped and cared for each other. The great feeling of ac-

complishment we had of finally being almost done. Then

it happened, the big boss would come up with the idea

for figuring alternate materials on several systems and

you would have several more hours of number crunching.

With today’s estimating systems, it is nothing more than

punching in a few items and recalculating.

I remember how much those people meant to me and

how close we became.

I think I have decided that maybe this year I will also try

to join in the kitchen activities. I might learn something.

I am sure I will not be given a difficult task at all. If I

screw up enough, I will be sent out of the room to watch

the football game and still will be able to at least listen to

the conversations.

I know serval of the board members have new sons and

daughters-in-law. Maybe these board members will

think about getting involved in the meal preparation. The

worse thing that will happen is you will be asked to leave

the room, and you will go back to where you really want-

ed to be in the first place!

Happy Thanksgiving

Scott & Paula Weekley

MICA President

P.S.: On Thanksgiving Day, only 32 shopping days left.

Page 4

FUTURE MICA MEETING DATES

Winter Board and Committee Meetings — January 24 — 27,

2019, Omni Amelia Island Plantation Resort, Amelia Island,

FL.

62nd Annual Spring Convention — June 17 — 20, 2019, Omni

Interlocken Resort, Broomfield, CO.

Fall 2019 Annual Fall Business Meeting — October 16 & 17,

2019, Embassy Suites Downtown, Omaha, NE.

2020 Winter Board and Committee Meetings — January 202,

Site To be Determined.

63nd Annual Spring Convention — June 22 — 25, 2020, In

Region. Site Under Consideration.

MICA MEMBER ADDRESS/INFO. UPDATES

Be sure to inform the MICA office of any changes or correc-

tions to your listing for either the MICA Directory, e-mail cor-

respondence or mailing address. Even if you update your

company listing on the MICA website, please inform the

MICA office of the changes. We try to be as current as possi-

ble with your help.

The pattern of construction starts by more specific segments is

the following:

• Single family housing will be unchanged in dollar terms,

alongside a modest 3% drop in housing starts to 815,000

(Dodge basis). There will be a slight decline in homebuyer

demand as the result of higher mortgage rates, diminished

affordability, and reduced tax advantages for home owner-

ship as the result of tax reform.

• Multifamily housing will slide 6% in dollars and 8% in

units to 465,000 (Dodge basis). Market fundamentals such

as occupancies and rent growth had shown modest erosion

prior to 2018, which then paused this year due to the

stronger U.S. economy. However, that erosion in market

fundamentals is expected to resume in 2019.

• Commercial building will retreat 3%, following 2% gains

in 2017 and 2018, as well as the substantial percentage

increases that took place earlier. While 2018 market funda-

mentals for offices and warehouses are healthy, next year

vacancy rates are expected to rise as the economy slows,

slightly dampening construction. Hotel construction will

ease back from recent strength, and store construction will

experience further weakness.

• Institutional building will advance 3%, picking up the pace

slightly from its 1% gain in 2018 which itself followed an

18% hike in 2017. Educational facilities should see contin-

ued growth in 2019, supported by funding coming from

numerous school construction bond measures. Healthcare

projects will make a partial rebound after pulling back in

2018. Airport terminal and amusement-related projects are

expected to stay close to the elevated levels of construction

starts reported in 2017 and 2018.

• Manufacturing plant construction will rise 2% following

the 18% jump that’s estimated for 2018. The recent pickup

in petrochemical plant projects should continue, and cuts

in the corporate tax rate from tax reform should encourage

firms to invest more in new plant capacity.

• Public works construction will increase 4%, reflecting

growth by most of the project types. The omnibus federal

appropriations bill passed in March provided greater fund-

ing for transportation projects that will carry over into

2019, and environmental-related projects are getting a lift

from recently passed legislation.

• Electric utilities/gas plants will drop 3%, continuing to

retreat after the exceptional amount reported back in 2015.

New generating capacity continues to come on line, damp-

ening capacity utilization rates for power generation.

The 2019 Dodge Construction Outlook was presented at the

80th annual Outlook Executive Conference held by Dodge Da-

ta & Analytics at the Gaylord National Resort and Convention

Center in National Harbor, MD. Copies of the report with ad-

ditional details by building sector can be ordered by calling

(800) 591-4462.

NEW CONSTRUCTION STARTS IN 2019 TO

HOLD STEADY WITH 2018 AMOUNT,

ACCORDING TO DODGE DATA &

ANALYTICS

Dodge Outlook Report Predicts Deceleration in Total Con-

struction Growth Will Continue, Reflecting a Mixed Pattern by

Project Type

NATIONAL HARBOR, MD – October 25, 2018 – Dodge Data

& Analytics (https://www.construction.com) released its 2019

Dodge Construction Outlook, a mainstay in construction indus-

try forecasting and business planning. The report predicts that

total U.S. construction starts for 2019 will be $808 billion,

staying essentially even with the $807 billion estimated for

2018.

“Over the past three years, the expansion for the U.S. construc-

tion industry has shown deceleration in its rate of growth, a

pattern that typically takes place as an expansion matures,”

stated Robert A. Murray, chief economist for Dodge Data &

Analytics. “After advancing 11% to 14% each year from 2012

through 2015, total construction starts climbed 7% in both 2016

and 2017, and a 3% increase is estimated for 2018. There are,

of course, mounting headwinds affecting construction, namely

rising interest rates and higher material costs, but for now these

have been balanced by the stronger growth for the U.S. econo-

my, some easing of bank lending standards, still healthy market

fundamentals for commercial real estate, and greater state fi-

nancing for school construction and enhanced federal funding

for public works.”

“An important question going into 2019 is whether deceleration

is followed by a period of high level stability or a period of

decline. For 2019, it’s expected that growth for the U.S. econo-

my won’t be quite as strong as what’s taking place in 2018, as

the benefits of tax cuts begin to wane. Short term interest rates

will rise, as the Federal Reserve continues to move monetary

policy towards a more neutral stance. Long-term interest rates

will also rise, reflecting higher inflationary expectations by the

financial markets. At the same time, any erosion in market

fundamentals for commercial real estate will stay modest. In

addition, the greater funding from state and local bond

measures passed in recent years will still be present, and it’s

likely that federal spending for construction programs will in-

crease once all the federal appropriations bills for fiscal 2019

are finalized. In this environment, it’s forecast that growth for

construction starts will decelerate further, but not yet make the

transition to the point where the overall volume of activity de-

clines. For 2019, total construction starts are forecast to hold

basically steady at $808 billion. By major sector in dollar

terms, residential building will be down 2%, nonresidential

building will match its 2018 amount, and non-building con-

struction will increase 3%.”

Page 8

The IRS Volunteer Income Tax Assistance and Tax

Counseling for the Elderly programs offer those taxpay-

ers who earned less than $55,000 in 2018 free face-to-

face tax return preparation and free e-file from IRS-

trained volunteers. For more information and locations,

go to IRS.gov/VITA.

DODGE MOMENTUM INDEX DECLINES IN

OCTOBER

The Dodge Momentum Index moved 4.2% lower in Oc-

tober to 150.5 (2000=100) from the revised September

reading of 157.0. The Momentum Index is a monthly

measure of the first (or initial) report for nonresidential

building projects in planning, which have been shown to

lead construction spending for nonresidential buildings

by a full year. October’s shortfall was the third consecu-

tive monthly decline and the result of losses in both com-

ponents of the Momentum Index. The commercial com-

ponent fell by 4.9% from September to October, while

the institutional component dropped 3.1%. The commer-

cial component has, in fact, been the impetus behind the

recent string of declines in the overall index. This is con-

sistent with the view that the commercial building sector

is approaching a peak and should begin to gradually ease

back over the coming year. The institutional component,

meanwhile, has been relatively more stable due to the

availability of public funds for projects such as schools

and airport terminals.

In October ten projects each with a value of $100 million

or more entered planning. The two leading commercial

projects were a $300 million industrial park in Frederick-

son, WA and a $154 million warehouse in Wilkes Barre,

PA. The two leading institutional projects were a $198

million school in Newburgh, NY and a $105 million high

school in Junction City, KS.

GET READY FOR TAXES

The Internal Revenue Service advised taxpayers that the

doubling of the standard deduction due to tax law chang-

es is likely to reduce the number of taxpayers who nor-

mally itemize.

This is another reminder to help taxpayers Get Ready for

the upcoming tax filing season. The IRS has recently

updated its Get Ready page with steps to take now for the

2019 tax filing season.

In previous years, about one out of three taxpayers item-

ized. The IRS expects that number to be less for tax year

2018. The Tax Cuts and Jobs Act (TCJA) passed in De-

cember 2017, significantly affects deductions in several

ways, impacting those taxpayers who normally itemize.

The TCJA doubles the standard deduction amount for all

filing statuses. The standard deduction is a dollar amount

that reduces the amount of income on which a taxpayer is

taxed and varies according to their filing status. Because

of this, many qualifying taxpayers may find the increased

standard deduction more than their total itemized deduc-

tions and opt for choosing the standard deduction rather

than itemizing.

Taxpayers should check their 2017 itemized deductions

to make sure they understand what the tax reform chang-

es could mean for their tax situation in 2018. Those who

still plan to itemize will complete an updated version of

Schedule A, Itemized Deductions, and attach it to their

tax return.

Publication 5307, Tax Reform Basics for Individuals and

Families, is a key resource to understanding the impact of

the tax reform law on deductions. The publication pro-

vides information about:

• increasing the standard deduction,

• suspending personal exemptions,

• increasing the child tax credit,

• adding a new credit for other dependents, and

• limiting or discontinuing certain deductions.

The IRS reminds taxpayers that the best way to file an

accurate tax return is to use tax software and e-file or

seek the help of a tax professional who will prepare and e

-file their tax return. The IRS offers tips for choosing a

tax professional. Taxpayers who earned less than

$66,000 in 2018 may qualify for IRS Free File and can

access no cost tax software online.

Page 12

.

FMI RELEASES WHITEPAPER:

“BIG DATA = BIG QUESTIONS FOR THE

ENGINEERING AND CONSTRUCTION

(E & C) INDUSTRY”

RALEIGH, N.C. – November 12, 2018. FMI Corpo-

ration, the leading provider of management consult-

ing and investment banking services to engineering

and construction, infrastructure and the built environ-

ment, is pleased to announce the release of its latest

research report “Big Data = Big Questions for the

Engineering and Construction (E&C) Industry.” In

this white paper, the authors discuss some of the

most challenging aspects of big data usage, explain

the opportunities that present themselves when big

data and analytics are properly implemented, and

show the long-term power of utilizing big data as a

business tool for E&C firms.

Jay Snyder, FMI’s technology practice leader and

one of the authors of the white paper, states, “Using

the recommendations in this white paper, E&C com-

panies can more effectively leverage their big data

without having to make a big investment in labor,

equipment or devices. Its use is becoming common-

place among organizations that want to outperform

their peers and rise to the top in their industries. In

most industries, existing competitors and new en-

trants alike will use the strategies resulting from the

analyzed data to compete, innovate and capture val-

ue.”

Key statistics include:

• 96% of all data goes unused in the E&C industry.

• 13% of E&C working hours are spent looking for

project data and information.

• 30% of E&C companies are using applications

that don’t integrate with one another.

• Only 8% of E&C firms have what they call real-

time, full project management information sys-

tems that allow for dashboard reporting.

To access FMI’s big data white paper, please visit

the FMI website at;

https://www.fminet.com/special-reports/big-data-big-

questions-for-the-engineering-and-construction-

industry/.

Page 17

IRS REMINDS EMPLOYERS, BUSINESS

OWNERS OF JANUARY 31 FILING

DEADLINE FOR WAGE STATEMENTS,

INDEPENDENT CONTRACTORS FORMS

The Internal Revenue Service published a notice re-

minding employers and other businesses that Jan. 31

remains the filing deadline for wage statements and

independent contractor forms.

The Protecting Americans from Tax Hikes (PATH)

Act of 2015 started a requirement for employers to

file their copies of Form W-2, Wage and Tax State-

ment, and Form W-3, Transmittal of Wage and Tax

Statements, with the Social Security Administration

by Jan. 31. Certain Forms 1099-MISC, Miscellane-

ous Income, filed with the IRS to report non-

employee compensation to independent contractors

are also due at this time. Such payments are reported

in box 7 of this form.

The IRS can more efficiently verify income that indi-

viduals report on their tax returns because of the Jan.

31 deadline; this helps prevent fraud. File these

forms correctly and timely to avoid penalties. IRS e-

file is the quickest, most accurate and convenient

way to file these forms.

Pointers to help filers prepare Employers should verify employees’ information.

This includes names, addresses, and Social Security

or individual taxpayer identification numbers. They

should also ensure their company’s account infor-

mation is current and active with the Social Security

Administration before January. If paper Forms W-2

are needed, they should be ordered early.

Automatic extensions of time to file Forms W-2 are

not available. The IRS will only grant extensions for

very specific reasons. Details can be found on the

instructions for Form 8809, Application for Time to

File Information Returns.

For more information, read the instructions for

Forms W-2 & W-3 and the Information Return Pen-

alties page at IRS.gov.

Page 21

OSHA LAUNCHES PROGRAM TO

TARGET HIGH INJURY AND ILLNESS

RATES

OSHA issues a Notice that implements it’s Site-

Specific Targeting (SST) inspection program, using

employer-submitted Calendar Year 2016 Form 300A

data. The SST is OSHA’s main site specific target-

ing inspection plan for non-construction workplaces

that have 20 or more employees and is based on the

data received from injury and illness information that

employers submitted for Calendar Year 2016 under

29 CFR 1904.41. Prior to 2014, SST programs used

injury and illness information collected under the

former OSHA Data Initiative. This program helps

OSHA achieve its goal of ensuring that employers

provide safe and healthful workplaces by directing

enforcement resources to those workplaces with the

highest rates of injuries and illnesses. This Notice

identifies key references, describes the inspection

list, provides scheduling and inspection procedures,

and gives information on OSHA Information System

(OIS) coding.

FALL PROTECTION TOPS OSHA’S

ANNUAL ‘TOP 10’ LIST OF MOST

FREQUENTLY CITED VIOLATIONS

Fall Protection – General Requirements is OSHA’s

most frequently cited standard for the eighth consec-

utive year, the agency and Safety+Health announced

at the 2018 National Safety Council Congress & Ex-

po.

Patrick Kapust, deputy director of OSHA’s Direc-

torate of Enforcement Programs, presented prelimi-

nary data for OSHA’s Top 10 most-cited violations

for fiscal year 2018, which ended Sept. 30. Kevin

Druley, associate editor for S+H, moderated the ses-

sion.

The top five violations remained unchanged for the

fourth straight year, with Hazard Communication,

Scaffolding, Respiratory Protection and Lockout/

Tagout following Fall Protection, respectively.

Eye and Face Protection emerged as a newcomer,

ranking 10th. “The Top 10 represents the most fre-

quently cited standards, and they are a good place to

start for the employer in identifying hazards in their

own workplace," Kapust said during the presenta-

tion.

The full list:

1. Fall Protection – General Requirements

(1926.501): 7,270 violations

2. Hazard Communication (1910.1200): 4,552

3. Scaffolding (1926.451): 3,336

4. Respiratory Protection (1910.134): 3,118

5. Lockout/Tagout (1910.147): 2,944

6. Ladders (1926.1053): 2,812

7. Powered Industrial Trucks (1910.178): 2,294

8. Fall Protection – Training Requirements

(1926.503): 1,982

9. Machine Guarding (1910.212): 1,972

10. Eye and Face Protection (1926.102): 1,536

“Knowing how workers are hurt can go a long way

toward keeping them safe,” NSC President and CEO

Deborah A.P. Hersman said in an Oct. 23 press re-

lease. “The OSHA Top 10 list calls out areas that

require increased vigilance to ensure everyone goes

home safely each day.”

Page 25

Page 28

NEW ARMAFLEX® SHIELD IS TOUGH

ENOUGH FOR THE JOB

Chapel Hill, NC, October 2018 — Armacell, a global leader in

flexible foam for the equipment insulation market and a leading

provider of engineered foams, announces the launch of Arma-

Flex® Shield, a new pipe insulation for HVAC, plumbing and

refrigeration with a built-in protective jacket that resists impacts

from the jobsite or the environment.

New ArmaFlex® Shield flexible foam insulation is a moisture–

and UV-resistant product solution with a durable protective

coating specially designed for line set and HVAC/R applica-

tions. Its strong coating resists tears and punctures when

pushed through walls and rough openings. Once installed, it

stands up to the effects of weather and protects against thermal

losses, condensation and moisture ingress.

“ArmaFlex Shield provides all the benefits of a closed-cell foam

insulation while providing added tear resistance and UV pro-

tection right out of the box”, says Justin Hardy, Armacell’s

General Manager, Americas. “Residential and commercial

spaces of all types will value the long-term performance and

peace of mind that ArmaFlex Shield lends to the mechanical

and HVAC/R piping systems.”

ArmaFlex Shield meets the IECC code requirements for out-

door insulation, and is code-compliant for use in air plenums.

It’s a low-maintenance alternative to unprotected insulation or

adding a separate jacket on the jobsite. Because the strong fac-

tory-applied jacket on ArmaFlex Shield resists abrasions, it pro-

tects the piping from line trimmer damage making it a great

choice for outdoor applications.

ArmaFlex Shield is available through Armacell’s network of

insulation distributors and HVAC and plumbing wholesalers.

Visit www.armacell.us for locations.

OCTOBER CONSTRUCTION STARTS SOAR

21 PERCENT

Nonresidential Building Rebounds Sharply from Subdued Ac-

tivity in Recent Months

NEW YORK – November 20, 2018 – New construction starts

in October climbed 21% to a seasonally adjusted annual rate of

$864.0 billion, according to Dodge Data & Analytics. The sub-

stantial increase followed three straight months of decline, dur-

ing which the pace of total construction starts fell 22% from the

exceptionally strong volume reported back in June. Nonresi-

dential building in October surged 53%, as several very large

projects lifted the manufacturing plant, office building, and

transportation terminal categories. Non-building construction

in October advanced 14%, supported by growth for public

works while the electric utility/gas plant category bounced back

from depressed activity in September. Residential building in

October edged up a slight 2%, helped by improvement for mul-

tifamily housing. During the first ten months of 2018, total

construction starts on an unadjusted basis were $679.1 billion,

up 1% from the same period a year ago. The year-to-date gain

for total construction starts was restrained by a 45% slide for

the electric utility/gas plant category. If the electric utility/gas

plant category is excluded, total construction starts during the

first ten months of 2018 would be up 3% relative to the same

period a year ago.

October’s data raised the Dodge Index to 183 (2000=100), up

from September’s 150, marking the second highest reading for

the Dodge Index so far in 2018 after June’s 192. Through the

first ten months of 2018, the Dodge Index averaged 169, up

slightly from the full year 2017 average of 166.

“During 2018, the presence of very large projects in a given

month has played a considerable role in shaping the monthly

pattern of activity, and in October it was nonresidential build-

ing that especially benefitted from the start of very large pro-

jects,” stated Robert A. Murray, chief economist for Dodge

Data & Analytics. “These included a $2.4 billion petrochemi-

cal plant in Texas, the $1.4 billion Terminal One building at

Newark Liberty International Airport, the $860 million expan-

sion to the Las Vegas Convention Center, a $750 million Face-

book data center in Utah, and a $655 million concourse expan-

sion at Denver International Airport that’s part of that facility’s

extensive upgrade. Earlier, decreasing construction starts for

nonresidential building during this year’s third quarter raised

some concern, suggesting that this sector may have already

peaked and is now in decline. The strong October performance

indicates that nonresidential building construction starts contin-

ue to proceed at an elevated pace, at least for the present.”

Murray continued, “The current year has also witnessed moder-

ate growth for public works construction, helped by the greater

federal funding for fiscal 2018 passed by Congress back in

March as part of the omnibus appropriations legislation. For

fiscal 2019 which began on October 1, the federal-aid highway

program and EPA construction-related programs are operating

under a continuing resolution through December 7, waiting for

Congress to finalize spending levels. As for residential build-

ing, multifamily housing has shown renewed expansion this

year after settling back in 2017, yet a more cautious lending

stance by banks towards multifamily development may dampen

multifamily construction starts next year.”

Page 29

MIDWEST INSULATION CONTRACTORS ASSOCIATION

16712 ELM CIRCLE

OMAHA, NEBRASKA 68130

(402) 342-3463

e-mail: mica@micainsulation.org

www.micainsulation.org