I think construction will keep growing but there may be a bump in the road if they don't fix the sequester by January.
Nothing really changed.
I do think I would go slow with expansion plans until 1q13 and take a look then. Nov-Dec might be a good time to take your profits in the market. Plan on a 13% or more hike in the cap gains tax. If they do hit the cliff, you will be able to buy back your position at a lower price.
Greg: Yes CC holds no punches & speaks his mind. He will be all over JCP&L (First Energy) soon. Comm from them is brutal to say the least.
As far as the closed/open shop goes, IBEW has been cooperative AFAIK with respect to the out of state linemen. Its been a tough grind for the carps, sparkies, etc from the union side with construction based on the economic issues. That may get better.
IMHO, there should be no issues open/closed is the areas of the state that I am familiar with.