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Time to make economic predictions
by James J. Siegel
October 27, 2009

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As the year comes to a close, many economists are starting to make predictions about 2010. In fact, I just finished writing a piece about the future of the HVAC industry which will appear in our December issue.

It seems that most reports indicate that the construction industry will see a slight increase in productivity next year. Other reports from the Associated General Contractors of America show just how bad 2009 was. For example, the AGC found that construction employment declined in 49 states last year. Some of those states saw losses in double-digit percentages. With this in mind, have we finally seen the bottom? Let me know how work has been in your state and whether you see indications that construction projects are slowly coming back. I’d really like to hear some 2010 predictions from our readers.


James J. Siegel

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