Construction Market to Increase 11% in 2010, Says McGraw-Hill Construction Outlook Report

It’s more good news for the construction industry. McGraw-Hill Construction’s 2010 Construction Outlook forecasts an increase in the level of construction starts in 2010 is expected to climb 11% to $466.2 billion, following the 25% decline predicted for 2009. McGraw’s Outlook, a mainstay of business planning for construction and manufacturing executives, says the increase will result from improvement for housing from extremely low levels and broader expansion for public works.

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