Economic downturn shakes up Las Vegas construction industry

05/12/2009 | Las Vegas Business Press

Las Vegas construction firms are continuing to shed jobs to survive the economic downturn and continue to see project delays and cancellations. Observers also note that many firms are competing for a small amount of available work, which has driven down construction costs. Meanwhile, more contractors are filing liens to get paid for their services. Some have turned to construction management at-risk and design-build as methods to save dollars and become more efficient.

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