AGC's Simonson: "Only home- and apartment construction is booming"

10/24/2013 | GlobeSt.com

Despite the addition of 20,000 workers in the construction industry in September, "the shutdown likely disrupted a wide variety of projects and may have caused private investors and developers to delay decisions about new projects or plant expansions. As a result, future spending and hiring gains may be weaker," said Ken Simonson, chief economist for the Associated General Contractors of America. "Only home- and apartment construction is booming," Simonson noted, compared with other sectors.

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