Thursday, March 17, 2011
Construction News Headlines for March 17, 2011
Steady Fed Sees Firmer Economy, Watchful on Oil
A Federal Reserve statement after Tuesday’s meeting said the U.S. recovery is gaining traction, and inflation pressure from soaring energy costs should be short-lived. The U.S. central bank decided unanimously to forge ahead with its $600 billion bond-buying plan despite a considerably more upbeat assessment of the economy and the job market. “The economic recovery is on a firmer footing, and overall conditions in the labor market
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