Even though the �Great Recession� of 2008-09 is now behind us, McGraw-Hill Construction�s new report, �2010 Special Sector Study: Education Construction in Hard Times,� reveals that it will continue to haunt the halls of schools and colleges across the country for some time to come.
The construction of publicly-funded schools and colleges will continue to be weighed down by mushrooming state and local budget deficits, while the construction of privately-funded schools and colleges will suffer from a slump in alumni donations and the tumultuous movement of the stock market (where endowments are typically invested).