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Resumen de Building up - US fiscal policy can't keep construction down

John Ollett

  • "Businesses are very aware and are going to be very cautious," said [Anika Khan]. "They'll continue to be on the fence".

    "On the residential side, in 2012 we saw very strong numbers for multi-family construction in particular, but I think in 2013 we will see the baton passed (...) more to single-family construction as households formations start to pickup," Khan told IM.

    "I don't necessarily think that in 2013 we should expect a banner year for construction spending, but it will continue to be a bit more positive - a little muted in the first half of the year because of sluggish economic growth and uncertainty - but we should like to see a bit a pickup in 2013, sometime in the second half of the year," Khan told IM.


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