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US construction recovery delayed - McGraw-Hill

Posted on 20 October 2011

Robert MurrayNew spending on U.S. construction, which has fallen in four of the past five years, is forecast to remain flat next year at about $412 billion, pushing back an expected recovery in the sector by another year, according to a widely-followed forecast.
The estimate, by McGraw-Hill Construction, predicts gains in some construction sectors, such as single-family housing and apartment buildings, as well as commercial buildings such as warehouses and hotels……………………………………….Full Article: Source


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