Submitted by tim
on
The federal stimulus plan has helped push Vermont's construction industry for 2009 above levels in 2008, despite reductions in both commercial and residential development. McGraw-Hill Construction today reported on December and year-end contracts for future construction in the state of Vermont. For year-end, overall construction was just over a billion dollars, up 39 percent over 2008. This was led by $593.2 million in road and bridge construction. Meanwhile, year-end results for residential construction was down 27 percent and commercial building was down 17 percent.
Source: Research and Analytics unit of McGraw-Hill Construction. 1.25.2010. The firm produces Dodge Reports and Sweets Catalog Files.