Opportunity Knocking On Industry's Door?
Colorado Springs Business Journal › April 09, 2009
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Summary
"Hope springs eternal ..." or so say leaders of a battered construction industry, who, like author Alexander Pope, hope for the best, even in the face of adversity.
The U.S. Census Bureau, which tracks construction spending, said revenue totaled $1 trillion for November, down 0.6 percent compared to October, but up 3.3 percent compared to the prior year.See the full content of this document
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Opportunity Knocking On Industry's Door?
"These increases are sure to reverse, however (in 2009)," wrote Associated General Contractors Chief Economist Ken Simonson in a Jan. 5 report.
But adversity might give way to opportunity if the stars align and President Barack Obama's economic stimulus plan, which provides for between $100 billion and $200 billion in infrastructure improvements gets Congressional approval. About $40 billion of that has been reserved for national transportation infrastructure improvements, a...See the full content of this document
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