ConstructionEcon @Construct_Econ
ConstructionEcon is a blog analyzing economic trends in the construction industry. constructionecon.net Joined December 2009-
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Followers153
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Following100
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Likes6
In 2009, 73% of firms said they had to lay off employees
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Stimulus Progress Report: More Intense Construction Spending Lies Ahead http://ow.ly/11DHL (via @AEC_CPA)
WSJ.com - McGraw-Hill's 44% Jump In 4Q Profit Beats Views; Expects Strong Growth in 2010 http://on.wsj.com/bo6IeT (via @SHWeiss01)
Only 46% of contractors plan to buy new equipment this year
RT: Defaults for Comm'l Real Estate to be over $165B in 2010 Highest in 18 years!! http://bit.ly/9MbgxR (via @ronworth)
70% of all construction projects in the U.S. are funded by the private sector.
Estimated 6% drop in commercial sectors, combined contract value of starts to $55.5 billion. http://constructionecon.net/?p=20
Construction unemployment increased in the month of December to 22.7%.
The ARRA has produced or saved an estimated 168,000 construction-sector jobs in 2009 http://constructionecon.net/?p=20
ConstructionEcon retweeted
Watch Out for More State and Local Taxes http://ow.ly/10eBC
Values in the commercial real estate market have dropped 44% from the October 2007 peak. http://constructionecon.net/?p=20
In 2001 2% of jobs were lost in the US. It took 4 years to get them back. In 2009 5% of jobs were lost. http://constructionecon.net/?p=20
Hong Kong, China stocks fall; BOC slips - Reuters http://ow.ly/16pHbP (via @ConExec)
Dubai struggling to pay back 90 billion dollars in loans. http://constructionecon.net/?p=39
Jan 4th launched the opening of the worlds tallest building Burj Khalifa. A $1.5 billion mega-structure. http://constructionecon.net/?p=39
Dubai’s residential real estate prices quadrupled from 2002 to 2008. http://constructionecon.net/?p=39
European region’s economy contracted by 4.1% in 2009. Expected to grow .7% in 2010
RT- Stimulus has added as many as 2 million jobs, White House says | CNN http://ow.ly/W7tT (via @construction_MS)
Dubai?s First Foreclosure May Open Floodgates in Worst Market|Jan. 11 (Bloomberg) .. http://oohja.com/x4CZN (via @1stAmericanNCS)
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