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2009 Construction Industry Economic Forecast

Forecasting the economic future for the construction industry over the 12 months of 2009 has been challenging and is not yet clearly defined. Based on the best information available, the ACP editorial staff and its chief economist have put ... 

January 05, 2009

Forecasting the economic future for the construction industry over the 12 months of 2009 has been challenging and is not yet clearly defined. Based on the best information available, the ACP editorial staff and its chief economist have put together national and regional forecasts that give you a profile of how the construction industry is expected to perform during the coming months. This information could change dramatically if the incoming administration does, in fact, deliver an economic stimulus package that is tied to rebuilding the nation’s infrastructure. The ACP national and regional editors are committed to keeping the industry informed as the economic atmosphere changes and the proposals that will influence its future unfold. 


ACP National
2009 Forecast: Could It Be Good?: For the last 22-plus months, the mantra of the incoming president has been "Change" and "Yes We Can!" If we ever needed change, it is now. Our economy has been bombarded with one crisis after …

2009 Economic Overview: Construction spending prospects are declining rapidly at the beginning of 2009 as the credit freeze recession spreads rapidly through most economies around the world. Job site activity, project starts and …

California Builder & Engineer
California 2009 Construction Forecast: Exactly 12 months ago, California Builder & Engineer had predicted the possibility of "the perfect storm" arising in 2008 in California's heavy construction industry — if not the perfect one, then at least bad storms …

Construction
Construction's 2009 Forecast: As I write this year's forecast for 2009, the National Bureau of Economic Research has officially declared that the U.S. economy has been in a recession for a year. Surprise! Many economists feel that this will be the worst recession since …

Construction Bulletin
Construction Bulletin’s ’09 Outlook: In the ninth Federal Reserve Bank district, which includes Minnesota, North Dakota and South Dakota, the 2009 economic outlook is continued recession based on the Bank’s statistical models and a …

Construction Digest
Construction Digest's '09 Outlook: After several years of steady growth in key segments of the marketplace such as the highway/bridge and commercial building markets …

Construction News
Construction News 2009 Forecast: The South Central U.S. traditionally feels economic trends as the back side of a wave. Trends that begin on the east and west coasts and in the northeast meet down south many months later, and …

Constructioneer
Constructioneer's 2009 Forecast: As I write the forecast for 2009, the National Bureau of Economic Research has officially declared that the U.S. economy has been in a recession for a year. Surprise! Many economists feel that this will be the worst recession since …

Dixie Contractor
Dixie Contractors' Outlook 2009: What's the outlook for construction in the southeast in 2009? Although there is great concern about the condition of construction in the southeastern states of Alabama, Florida, Georgia …

Michigan Contractor & Builder
Highway Program Will Shrink: The Michigan Department of Transportation’s (MDOT) 2009 Highway and Maintenance Capital Program is expected to be $1.26 billion, down approximately $60 million from 2008.

Midwest Contractor
Midwest Contractor's 2009 Outlook: After several years of steady growth in key segments of the marketplace such as the highway/bridge and commercial building markets, construction activity in Midwest Contractor-area states is ...

New England Construction
Maine, New Hampshire, Vermont, Connecticut, Rhode Island, and Massachusetts, 2009 Forecast: The New England Economic Partnership (NEEP) released the annual five-year economic forecast for the U.S. and New England recently at the fall conference held at the Federal Reserve Bank in Boston. The NEEP ...

Pacific Builder & Engineer
Pacific Builder & Engineer's Construction Forecast 2009: What a difference a year makes. At this time in 2008 the Pacific Northwest economy was still chugging along — albeit at a modest rate — while other parts of the country slipped into recession.

Rocky Mountain Construction
The Recession Hits Home: With the national economy now officially in recession, it's no surprise that the construction industry in the Mountain West is feeling the pinch just like everywhere else.

Texas Contractor
Texas Contractor 2009 Forecast: The economy certainly has people worried in Texas. There is pain with real jobs being lost, and there is worry about what is yet to come. But the recession will not be as severe here as in the northern …

Western Builder
2009 Will Be A Crap Shoot: There are so many powerful economic currents now swirling in the world economy that it is hard to predict what kind of year 2009 will be for the national construction industry as a whole, or for Wisconsin and Upper Michigan's construction ...

 
 

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