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Construction Firm Navigates Economic Headwinds, Focuses on Family Legacy

Bloomberg Markets •
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Cheryl McKissick Daniel, board chair of McKissick and McKissick, recently discussed the current economic climate and its impact on large-scale construction with Bloomberg Businessweek Daily. The company, a family-run construction business, has a rich history spanning over 120 years. Daniel also touched on her recently published book, *The Black Family Who Built America*, and its relevance to the present economic situation.

McKissick and McKissick's longevity in the construction industry provides a unique perspective on navigating economic cycles. The firm's experience, particularly during times of financial strain, offers insights on strategies for resilience and adaptation. The interview likely explored how the business has weathered previous downturns and what approaches are being used now to mitigate risks and capitalize on opportunities.

The discussion probably focused on the challenges facing construction companies today, including fluctuating material costs, supply chain disruptions, and labor shortages. Daniel's insights likely considered how these factors affect project profitability and timelines. Furthermore, the interview may have addressed strategies for maintaining a competitive edge in a dynamic market environment.

Ultimately, the interview with Cheryl McKissick Daniel provides a valuable window into the construction industry's current state and the challenges and opportunities facing firms like McKissick and McKissick. The conversation highlights the importance of experience, adaptability, and a long-term perspective in the face of economic uncertainty.