7/1/2010

Even though construction companies are still facing tight credit, conditions improved in the second quarter compared with the previous quarter, according to a survey by McGraw-Hill Construction. About 40% of construction and engineering industry executives reported that financing for new projects was tougher to find than it was six months ago. But almost 90% of those surveyed predicted the industry will improve or stabilize in the next 12 to 18 months.

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