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Nonresidential Construction Maintains Momentum, Â鶹ÊÓƵSays

"Nonresidential construction spending continued growing in July, despite the weak economy and housing slump," Ken Simonson, Chief Economist for Â鶹ÊÓƵ of America (AGC), said today following the release of construction spending data from the Census Bureau. "But Congress must act promptly to avert layoffs in power and highway construction." Â鶹ÊÓƵPress Release, 9/02/08