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Mutually Assured Construction

Public-private partnerships, with the private sector leading the way, could raise construction employment, repair infrastructure, and possibly revive our economy.

By Ryan Clark | Updated on August 15, 2011

A number of companies can coast on recession-era fixes, which leave them better capitalized for this (possible) downturn than 2007’s leverage-fest, but the underlying fundamentals do not suggest that we are in a thriving economy. All of the market indicators from GDP to employment data, hint that we, as a whole, are not doing well.

But let’s focus on a small piece of this and try to get some things under control. Let’s look at construction unemployment, which has fallen over the last few months, but has dropped to a still whopping 13.6% in July, according to the Associated General Contractors of America.

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