Put in perspective, the U.S. economy has been through its share of economic downturns – and come out the other side. Yet this is the first truly global recession, and the news that has come out in recent months has been disconcerting; but the U.S. has always come out of economic downturns, even if the process is painful.
We are witnessing an age where human capital is shifting from finance into other areas of our economy. This combined with the likely passage of the deficit spending “stimulus bill” by our new President, should prove beneficial for the construction industry.