The construction industry will experience a slow comeback in 2010, according to a recent forecast by McGraw-Hill Construction. Most gains will result from comparison with the industry's dismal results in 2009. For example, the value of construction starts will climb 11% next year compared with 2009 levels, which were down 25% from the prior year, according to the forecast. "This is not a booming market; it is just inching upward," said Robert Murray, McGraw-Hill Construction's chief economist. "At the very least, we are stabilizing after years of steep declines."
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