U.S. Construction industry Still Recovering

We are still recovering in the U.S. construction industry.  As you can see from the graph, we have over 200 billion to grow to fully recover to our pre-recession level of construction spending.  Our public sector spending has recovered but our private sector spending (The largest area of our construction spending) still has a ways to go.  This tells you how bad the 2008 financial crisis really was.  Because we are still recovering and we are 8 years from our peak spending year in 2006.

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Amos B Robinson, Practice Leader
Robinson Business Consulting, LLC
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www.robinsonbc.com