Recession undermines construction industry recovery, group says

04/3/2011 | Modern Distribution Management

Evaluating data from a report released last Friday regarding construction spending and federal employment, the Associated General Contractors of America's chief economist, Ken Simonson, viewed the numbers in the report as "doubly distressing." Seasonal adjustments to construction employment indicated aggregates were still lower in March compared to those in April 2006, while the prevailing 20% unemployment rate remains the highest across all industries and twice the overall rate.

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