Economist: Stimulus would add more than 600,000 construction jobs

01/23/2009 | Daily Journal of Commerce (Portland, Ore.)

The current economic stimulus package would create nearly two million new jobs by the end of 2010, according to an economist who testified before Congress this week. George Mason University economist Stephen Fuller noted that 620,000 of the new jobs would be in the construction industry. "The sharp decline in construction employment and activity we have seen over the past two years means that the sector has plenty of capacity to quickly take on new projects," Fuller said. "Two years ago, these kinds of investments might have trickled out the door, but in today's climate, they are going to flood out into the economy."

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Daily Journal of Commerce (Portland, Ore.)

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