Take a look at a the four graphs shown below. They are the key indicators used by the F.W. Dodge Division of McGraw Hill to gauge the fortunes of the construction industry, and they tell an unprecedented story of prosperity.
Note the steady upward trend line following a moderate recession in 1991. Absent is the boom and bust pattern that had characterized the construction economy in past decades for as long as anyone can remember. Robert Murray, vice president/economic affairs for the McGraw-Hill Construction Information Group called it the “Energizer Bunny economy.”