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World debt crisis no typical recession

Posted by | September 23, 2011 .

OTTAWA (Xinhua) — The world’s economies are facing a debt crisis rather than a typical recession, British Prime Minister David Cameron told Canadian politicians here Thursday. In his 25-minute address to Canadian House of Commons, Cameron warned that the fallout from the 2008 financial crisis still lingers, growth has stalled in the United States, Europe [...]

Cost of Construction Slowing Down

Posted by | August 3, 2011 .

Turner Construction Company announced that the Third Quarter 2009 Turner Building Cost Index, which measures non-residential building construction costs in the United States, has decreased by 2.03% from the Second Quarter 2009. While construction costs have decreased by 10.77% since the beginning of the year, indicators show that that the decline is slowing in the [...]