FMI: Construction To Grow 3% in 2012, 7% in 2013

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FMI forecasts a 3% growth for construction put in place by the end of 2012 and another 7% in 2013 for a total of $882.4 billion. This is $92.6 billion more than the lows of 2011. There are some positive signs in the economy, with an improving housing industry, especially multi-family housing. Power construction is another strong point, and even commercial construction is showing signs of rising from its slumber. For the full report, CLICK HERE.