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Tag: Oxford Economics
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U.S. construction growth will outpace GDP during next 10 years
Despite weaker than expected annual growth of +1.3 percent in gross domestic product (GPD) during the second quarter 2011, private sector investment in U.S. construction rose by an annual rate of +8.1 percent for non-residential and +3.8 percent for residential construction, reversing declines in the first quarter of 2011, according to a recent report. Spending […]
August 1, 2011
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