Recession hits infrastructure spending by states: Wells

Sep 30, 2009 | 11:47 AM | Corinna Petry

The recession has had a devastating impact on infrastructure spending by states, resulting in a 4-percent decrease in overall investment this year, according to Jack Wells, chief economist for the U.S. Department of Transportation.

"How soon we can rebound depends on the recovery of the economy and congressional focus," Wells said Wednesday at AMM's Infrastructure and Steel Conference in Chicago.....

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