The construction recovery depends critically on the stability of the $US and the AAA credit rating of US Treasury debt. Massive federal borrowing, much of it from foreign investors and governments, is being used both to fight the general recession, generating increased demand for construction and to directly provide a substitute source of credit to pay for construction projects. A shortfall in projected borrowing or higher than expected borrowing costs would delay and weaken economic recovery with an especially severe impact on construction which is the industry most reliant on this credit source.

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