Outlook For Total Construction Remains Negative For 2009
Water is an important concern in the United States. Aging infrastructure, population growth and net migration are fueling demand for new and replacement construction, especially in the Sunbelt and Rustbelt regions, the Construction Outlook reports. FMI projects that water supply and sewage and waste disposal construction will increase by 2% and 3% in 2008 and by 2% and 4% in 2009, despite a decrease in state and federal revenues.
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