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Saturday, October 3, 2009

Builders Unveil "Recovery Plan" for the Construction Industry

"Armed with grim numbers about construction employment, the Associated General Contractors of America ... released a recovery plan for the industry," reports Finance and Commerce. (9/30/09 issue)

"The plan calls for tax cuts, policy revisions, streamlined environmental reviews, increased government spending and other measures designed to spur the ailing construction economy, which has a 16.5 percent unemployment rate," the article continues.

This a a commendable action and worthy of applause from everyone with concerns and investments in the the construction arena. There are challenges, however, beginning with financial corruption, bureaucratic mismanagement and the general ongoing Federal Reserve Bank woes.

Challenges that are daunting, and may be insurmountable. Where does the industry go, good intentions in hand?

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