The Associated General Contractors of America reported a national drop in commercial construction of 71 percent during June compared with the previous month.
The drop wiped out gains seen in May, when commercial construction rose 27 percent.
“Every construction category declined significantly in June,” said Jim Haughey, an economist for Reed Construction, in a statement. “The May/June boom/bust is substantially random.”
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Tell me about it. We are electrical contractors and business is dead, dead, dead.
ReplyDeleteTHE TOTAL ECONOMIC COLLAPSE OF THE U.S.A.!!!
ReplyDeletehttp://pencildicksvstheworld.blogspot.com/2009/07/total-economic-collapse-of-usa-2009.html