Ken Simonson, Â鶹ÊÓƵ's chief economist, issued a statement yesterday in response to an Associated Press story that looked at the impact of stimulus-funded highway projects on overall construction employment.
Simonson stated that the article's fundamental assumptions are flawed because it is impossible to measure the impact of $4 billion by looking at overall employment figures for an industry that experienced a $137 billion drop in activity. See Simonson's statement , and more detailed analysis .
The news was covered by , and .
For more information, contact Ken Simonson at (703) 837-5313 or simonsonk@agc.org.