State budget, slow demand threaten California construction firms
California's heavy construction industry faces a state budget deficit and a slowdown in the demand for new housing in 2009. In addition, experts say they will not know when the economic downturn will end until President-elect Barack Obama and Congress decide on an economic stimulus package. Meanwhile, many contractors are shifting to public projects.
Associated Construction Publications | 01/05
This story published in AGC SmartBrief on 01/05/2009
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