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Real Estate: Stimulus spending in a state of flux (access required)

by Becky Hurley

Published: December 17,2009

Time posted: 11:52 am

Nonresidential spending — temporarily buoyed by stimulus funding for roads, bridges and infrastructure improvements — fell 1.5 percent during October to the lowest annual rate since July 2007. “Highway and street construction clearly got a big boost from the stimulus; unfortunately many of those projects are already beginning to wind down,” wrote Ken Simonson, chief economist ...





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