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news index deep spending declines begin for nonresidential building and heavy project markets comments
news index deep spending declines begin for nonresidential building and heavy project markets commentsDeep spending declines begin for nonresidential building and heavy project markets
March 03, 2009 - Jim Haughey
As expected for many months, the recession arrived in the nonresidential construction market last December although it was masked by the initial overestimates of construction spending, reports Jim Haughey, chief economist for Reed Construction Data.