US construction recovery delayed - McGraw-Hill


* U.S. construction spending seen at $412 bln in 2012 * Risk of recession higher: McGraw-Hill Construction * Construction rebound pushed back at least a year * Government spending cuts a key impediment to recovery By Nick Zieminski Oct 19 (Reuters) - New spending on U.S. construction, which has fallen in four of the past five years, is forecast to remain flat next year at about $412 billion, pushing back an expected recovery in the sector by another year, according to a ...

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