Real estate crisis is affecting contruction business
Thursday, November 20, 2008
The real estate crisis is affecting the construction materials business, which is to go up only 10 percent in 2009 against a 20 percent growth registered so far.Most constructors say they have had quite many orders this year, but their number is likely to drop if people are poor.Large distributors and producers of construction materials are also facing problems. The initially forecast 20 percent growth has been cut to a minimum 5 percent. There are very few who predict further ...