Looking beyond stimulus spending

06/8/2010 | Constructech (free registration)

The Associated General Contractors of America reported a 2.7% increase in nonresidential construction that occurred from March to April and directly linked that increase to federal-stimulus funding. "The stimulus is clearly driving one of the biggest increases in construction spending the industry has experienced in a long time," says AGC chief economist Ken Simonson. "Once you look beyond the stimulus, however, these figures show how uneven and fragile the construction recovery remains."

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