Construction Sector in the U.S. Economy (Business Issues, Competition and Entrepreneurship)
Author | : | |
Rating | : | 4.64 (844 Votes) |
Asin | : | 1619428938 |
Format Type | : | paperback |
Number of Pages | : | 92 Pages |
Publish Date | : | 2017-03-31 |
Language | : | English |
DESCRIPTION:
The construction sector is a major component of the U.S. The segments have unique market characteristics and are subject to cyclical economic forces, though in somewhat differing ways. There are three major segments of the construction sector: residential, commercial, and industrial/heavy construction. During the past decade, construction was a prime beneficiary of low interest rates and the housing-led economic boom, but was also one of the largest casualties of the subsequent financial crisis. This book outlines the structure of the construction industry and describes congressional initiatives that affect the