From Austin Business Journal, January 22, 2009...
Texas is expected to experience a considerable slowdown in construction activity in 2009, according to a report issued by McGraw-Hill Construction.
The outlook for the coming year calls for construction spending of roughly $54.4 billion in Texas, down 13 percent from 2008, the report indicates. However the building of the giant Motiva and Valero refineries in Port Arthur that created 5,000 jobs buoyed the numbers in 2008.
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Sunday, January 25, 2009
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