Expect an Extended Period of Weak Materials Pricing
There is not yet a consensus on three key components of the economic environment for construction in 2009. One is the impact of the new President and the new Congress. A second is the cost of crude oil and natural gas that are the raw commodity source of many construction materials as well as key determinants of income and confidence, says Reed Construction Data chief economist Jim Haughey.
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Expect an Extended Period of Weak Materials Pricing
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