Summary
As a word, "bleak" only begins to describe the outlook outlined in the Associated General Contractors of America's 2009 construction forecast. According to the forecast, released Thursday, two-thirds of nonresidential construction companies plan to lay off workers in 2009.
The layoffs would result in a 30-percent drop in the number of people working on construction projects.See the full content of this document
Extract
Construction Forecast Is Predictably Dismal
The forecast, built on a survey of around 1,000 AGC member firms, is intended to provide a representative snapshot of the state of construction in the United States. The AGC claims 32,000 member firms in 96 chapters across the country.
If it wasn't ...See the full content of this document
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