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Stimulus Funds Will Slow Decline in Nonresidential Construction Markets

May 07, 2009 - Jim Haughey
Abstract:

The recent rise in value for the shares of Real Estate Investment Trusts is the only improving market driver for nonresidential construction. REIT share prices are tagging on to the general, much larger, rise in equity share prices, says Reed Construction Data chief economist Jim Haughey.

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