And in a more optimistic story about the stimulus package’s impact, Portland’s Daily Journal of Commerce reports that construction companies are, in fact, happy with the trickle-down effect of stimulus spending. A heavy construction company in Oregon has gotten asphalt paving projects “totaling almost 5 million dollars”; its owner, Don Laskey, has been able to keep fifteen employees who otherwise would have been laid off, and he’ll hire at least seven new ones. On the other hand, the Daily Journal didn’t find Laskey; Laskey found the paper, relaying his story on a media conference call hosted by the Associated General Contractors of America.
09:32 AM - June 9, 2009
The Economy Today: Constructive Construction?
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