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The Construction sector in the U.S. economy : elements and employment analyses / Nelson M. McDonald and Claude A. Marshall, editors.
- Format:
- Book
- Series:
- Business issues, competition and entrepreneurship series.
- Economic issues, problems and perspectives series.
- Business Issues, Competition and Entrepreneurship
- Economic Issues, Problems and Perspectives
- Language:
- English
- Subjects (All):
- Construction industry--United States.
- Construction industry.
- Construction industry--Economic aspects--United States.
- Construction industry--Government policy--United States.
- Construction industry--Employees--Supply and demand--United States.
- United States.
- Physical Description:
- 1 online resource (104 pages) : illustrations, graphs.
- Place of Publication:
- New York : Novinka, 2012.
- Summary:
- The construction sector is a major component of the U.S. economy. During the past decade, construction was a prime beneficiary of low interest rates and the housing-led economic boom, but was also one of the largest casualties of the subsequent financial crisis. There are three major segments of the construction sector: residential, commercial, and industrial/heavy construction. The segments have unique market characteristics and are subject to cyclical economic forces, though in somewhat differing ways. This book outlines the structure of the construction industry and describes congressional initiatives that affect the sector.
- Contents:
- Contents: ch. 1 The Construction Sector in the U.S. Economy / Suzanne M. Kirchhoff
- ch. 2 Construction Employment: A Visual Essay / Benjamin Cover
- ch. 3 Construction Employment Peaks before the Recession and Falls Sharply Throughout It / Adam Hadi
- ch. 4 The U.S. Housing Bubble and Bust: Impacts on Employment / Kathryn J. Byun
- ch. 5 Compensation of Residential and Nonresidential Construction Workers / Thomas Moehrle.
- Notes:
- Includes index.
- Description based on print version record.
- ISBN:
- 1-61942-909-8
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