The protracted climb out of the recession continues with modest, incremental improvement. Residential construction remains the main drag on overall construction, but improvement appears to be on the horizon. However, growth will not come quickly nor with great fanfare.
The American Recovery and Reinvestment Act (the economic stimulus plan) appears to be having little influence on construction companies’ ability to expand payrolls to date, according to a new industry analysis of the effect of the federal program’s construction spending released by the Associated Ge
Using a skiing analogy, Standard & Poor’s chief economist, David Wyss, explained the current economic situation: “The economy is still heading downhill but on a lesser slope,” he said in the April 23, 2009, S&P Market Views report on BusinessWeek.com. “We’re off the black diamond.
The National Electrical Contractors Association's standing policy on energy independence acknowledges the electrical industry’s important role in advancing economic stability and growth. It’s a fact proven through more than seven decades.