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1Q COST REPORT : Stagflation Threatens Construction As High Prices Stare Down Recession - ENR | McGraw-Hill Construction

Publication Date: 19-MAR-08
Author:  Tim Grogan and Tony Illia
Format: HTML

    
Description:
As bad economic news continues to mount it is becoming increasingly clear that last year’s subprime mortgage crisis is spilling over into the overall economy and could eventually threaten still healthy commercial and public construction markets. At the same time, rising energy prices and a weak dollar are giving inflation a new boost.
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