Showing articles 1 - 1 of 1 tagged as "contractors"

Will the Construction Market Continue to Slide in Sac?

The construction market in Sacramento is at a 16 year low. Unemployment rates are continuing to rise in 2009 and what may seem like “light at the end of a tunnel” is beginning to be going out. After the financial meltdown in the fall, private financing for construction has almost disappeared. That has left contractors scrambling for public works projects until the financial markets get right again. According to a recent article in www.californiaconstruction.com, it is estimated that next year at this time, the California Construction Top Projects list may feature road projects, military work and public office buildings instead of retail centers, hotels and office complexes. Contractors i

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