TITLE

Growing Again

AUTHOR(S)
MARKLEY, RICK
PUB. DATE
December 2009
SOURCE
Rock Products;Dec2009, Vol. 112 Issue 12, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents economic forecasts for 2010 and beyond. State revenues will be depressed in the first two quarters of Fiscal Year 2010 which ends June 30. Budget deficits will depress cement consumption in 2010 since 90% of all highway and street spending comes from state and local governments. These deficits are negating the impact from the federal economic stimulus plan although American Recovery and Reinvestment Act money will be spent in 2010. The economy will stagnate if Americans limit their spending and borrowing to recover from debt.
ACCESSION #
47407762

 

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