Observers say stimulus package could help revive construction industry

11/25/2008 | Wall Street Journal (free content), The

A stimulus package proposed by President-elect Barack Obama could help the construction industry rebound. A stimulus plan could "absolutely change the scenario for companies that have been talking about laying people off," according to Associated General Contractors Chief Executive Stephen Sandherr. The industry hit an unemployment rate of 10.8% in October.

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Wall Street Journal (free content), The

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