Lack of financing accounts for 21 percent of stalled construction sites, dampening job growth, according to research from the American Institute of Architects (AIA) and analysis of McGraw-Hill Construction data.

Construction spending has declined by 27 percent since the end of 2008, a decline of almost $300 billion, a fall that accounted for a 2 percent decline in the U.S. economy.

Source: International Business Times

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