You can already hear the sound of pile drivers banging away in granite construction pits throughout U.S. cities as they pound steel supports deep into the earth for new office towers, and the rat-a-tat-tat of homebuilders hammering nails into lumber for new houses. While construction economists are united in their forecasts for a solid year of construction, particularly in the commercial, office and single-family home markets, Ken Simonson, chief economist for the Associated General ...

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