Construction Economics

January 2006
ENR: Engineering News-Record;1/30/2006, Vol. 256 Issue 4, p23
Trade Publication
The article reports on the present state of the construction industry in the United States. Education, highway and water treatment markets are lifting public construction to new heights. According to the U.S. Dept. of Commerce, through the first 11 months of last year, total public construction put-in-place was $228 billion, or 8% more than the same period of 2004. Public school construction is regaining its momentum with the value of new schools put-in-place climbing 7%, to $59 billion. The office building market was one of the few public sectors to slow, falling 6% behind the same period of 2004.


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