Public Works a Bright Spot Emerging in Construction
The U.S. construction industry may have long crumbled under the weight of a slumping economy, but a glimmer of hope is seen in the public works sector, helped by a pickup in federally funded projects.
Companies such as Granite Construction (GVA.N), URS Corp (URS.N), Jacobs Engineering Group (JEC.N) and Aecom Technology Corp (ACM.N) are expected to gain in 2010, when a major portion of the stimulus funds will be made available.
Source: Reuters















