"There finally are signs of
a plan to push export-centric business that will result in a clear global trade
policy,” says Dr. Chris Kuehl, economic analyst for the Fabricators & Manufacturers Association.
HD Supply reported a total of
$1.8 billion in net sales for the first quarter of fiscal 2010, a 5.7 percent
decline compared to the same time last year.
Only
10 out of 337 metropolitan areas added construction jobs between February 2009
and 2010, the Associated General Contractors of America
reported, citing data from the U.S. Bureau of Labor Statistics.
Construction
spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion,
a low last recorded in 2002, according to an analysis of new federal figures by
the Associated General Contractors of America.