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This paper will be broken down into several parts starting with the introduction. Next key macroeconomic variables that affect the construction industry will be identified. The macroeconomic variables and the corresponding industry variables will be graphically represented for the last five years. Information will be integrated from the text and outside sources to illustrate the effects of the economic variables on the construction industry. The paper will conclude with a look at the challenges and opportunities that exist for construction firms in the operating environment.
Industry Overview
This paper will focus on the construction industry, NAICS code 236115 - New Single-Family Housing Construction (except Operative Builders)...
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