Friday, August 6, 2010

► On the Record

“The data indicate that construction job losses have slowed dramatically, particularly in those segments powered by the stimulus package passed in February 2009.”

-- Anirban Basu, chief economist for American Builders and Contractors, Inc., a trade group representing contractors, subcontractors, material suppliers and related firms across the U.S., on a report indicating construction unemployment falling to 17.3 percent in July.