While some signs suggest the economic downturn has reached bottom, construction activity in the New York region still languishes with little optimism for a quick rebound.
�It�s very much a mixed picture in terms of what to expect,� says Kenneth D. Simonson chief economist of Associated General Contractors of America in Arlington, Va. �Construction is now at or close to its low point and should start showing improvement in most categories by the end of 2011.�