Friday, March 11, 2011
Construction News Headlines for March 11, 2011
Housing Market Health Hinges on Access to Credit
Testifying before the Senate Banking Committee, NAHB Chief Economist David Crowe said that, “Without access to credit, the residential construction industry will lose more small businesses and experience more job losses.” Congress, regulators and financial institutions must work to restore acquisition, development and construction lending to permit home builders to contribute to the economy where and when housing demand emerges, he
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