
Stimulus Dollars Still Not Enough To Help Construction Decline
by
Ameerah
on Thu 21 Jan 2010 02:10 PM EST
Despite federal stimulus dollars pumped into state and local budgets last year, new construction activity saw a 18 percent decline to 5.8 months, the Associated Builders and Contractors said Wednesday, releasing its Construction Backlog Indicator for commercial, industrial, institutional and infrastructure construction in 2009.
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