Construction Industry Likely Will Expand Despite The Fed Increasing Interest Rates

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Federal Reserve officials announced Dec. 16 that they unanimously voted to raise short-term interest rates 0.25 percentage points; this is the first increase since June 2006. Dodge Data & Analytics' 2016 Construction Outlook report noted that long-term rate increases likely will be gradual and predicted slow but steady expansion for the overall construction industry in 2016.


From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue

Suite 100
Tampa, FL 33606
www.trentcotney.com

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