Author : Nelson M. McDonald
Publisher : Nova Science Publishers
ISBN 13 : 9781619428935
Total Pages : 0 pages
Book Rating : 4.4/5 (289 download)
Book Synopsis The Construction Sector in the U.S. Economy by : Nelson M. McDonald
Download or read book The Construction Sector in the U.S. Economy written by Nelson M. McDonald and published by Nova Science Publishers. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction sector is a major component of the U.S. economy. During the past decade, construction was a prime beneficiary of low interest rates and the housing-led economic boom, but was also one of the largest casualties of the subsequent financial crisis. There are three major segments of the construction sector: residential, commercial, and industrial/heavy construction. The segments have unique market characteristics and are subject to cyclical economic forces, though in somewhat differing ways. This book outlines the structure of the construction industry and describes congressional initiatives that affect the sector.