Challenges in commercial, industrial construction persist

07/14/2011 | Daily News (Memphis, Tenn.), The

Despite the sector's increasing job availability, the recovery of the nation's construction industry may still be years away, according to an economist with Associated Builders & Contractors. Increased competition for smaller projects and inflated prices for construction materials means that profit margins are on the decline, according to a construction company director and government data. One area where growth is predicted, however, is the health care sector -- the Associated Builders & Contractors economist said he expects construction of hospitals and clinics to take off in the next 10 to 12 months.

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Daily News (Memphis, Tenn.), The

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