U.S. Construction Industry Outlook Weak On Challenging Operating Conditions

In this CreditMatters TV segment, I describe the influence the challenging economic conditions will have on the overall U.S. construction industry, as well as the U.S. building products and materials sector.  Standard & Poor’s baseline assumption is that 2012 construction will roughly mirror 2011 activity with downside risks that include a 40% probability of a double dip recession.

To see the full CMTV video, click here http://video.standardandpoors.com/?video=yyf2MM9R935zmOXErc72NNwwS9#

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