2011 Predicted to be a Better Year for Construction Investments

Chief Economist for Reed Construction Data, Jim Haughey, reports that more stimulus spending will eventually result in a 100 basic point cut in the real cost of capital. Haughey reports that this is likely to spur investment, which will include construction spending. According to the report, 2011 will usher in an increased demand, along with a significant rise in inflation for construction materials commodities. Haughey reports that commercial building construction spending will see the biggest boost. To learn more, read the entire article here.