From Austin Business Journal, February 19, 2009...
Lumber and construction materials wholesalers in Texas and other Southern states reported the steepest revenue drop of all industries during the past 12 months, according to a national survey.
The construction materials industry saw a 9 percent sales dip during the period, followed by building materials and supplies dealers with a 3.3 percent decline. Overall revenue from residential building construction declined by 2 percent.
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Showing posts with label Texas Construction Activity. Show all posts
Showing posts with label Texas Construction Activity. Show all posts
Tuesday, February 24, 2009
Sunday, January 25, 2009
Report outlines decline in Texas construction
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.
Read more...
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.
Read more...
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