The report showed strengthening activities for constructionand service sector, agood combination to aid domestic demand and current Chinese growth momentum.
Add the risks of construction delays, licensing complications and public opposition, andgood luck finding a bank that wants to lend money for a new plant.
The idea of rebuilding our crumbling infrastructure and creating lots of jobs for construction workers sidelined by the housing market slump sure seemed like agood one.
Among those trends is a steadily improving housing market, which got another dose of good news Wednesday with a better-than-expected rise in new construction starts and building permits in September, both hitting the best levels since July 2008.