The New York Building Congress issued a report on NYC's construction outlook 2008-2010: This year, construction spending is "forecast to reach a record $33.8 billion, a 16 percent increase from 2007 when spending reached $29.1 billion. Spending is currently forecast to reach $33.4 billion in 2009 before easing to $26.2 billion in 2010."
Continue reading "Report: After Peaking This Year, Construction Will Decline into 2010"
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