Nearly 90 Percent of Contractors Say Industry Will Not Recover in 2010

AGC today released a construction industry outlook that finds the stimulus the lone bright spot in an industry where nine in ten contractors say there will be no recovery in 2010.  The survey of AGC members also found that fewer contractors plan to purchase construction equipment and doubt they will be able to hire new staff this year. See the full news release, as well as the survey data, here. The news was covered by the LA Times, Reuters, Seattle Times, Miami Herald and Omaha World Herald, among others. For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.