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Construction sector continues to hold back more robust recovery

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  • Thu, Apr 07, 2011 - 08:49am

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    Jaelynn05

    Jaelynn05

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    Construction sector continues to hold back more robust recovery

In the last quarter the economy has been recovering without building spending, which proceeds to fall. Building spending hit a twelve-year low in February as that market of the economy continued to weaken. Leading the slide is new home building, which has been dragged down to the lowest levels since the government started tracking the data by short sales and foreclosures. I read this here: Construction sector continues to hold back more robust recovery

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