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Market watch: Indicators crucial to planning for a construction downturn

While no one can claim to know exactly where the U.S. economy is headed, there is no shortage of indicators that help provide a reading on the nation’s economic health. These include manufacturing indexes, the stock market, the performance of major corporations, consumer spending and interest rates.

In addition to national bellwethers that are common to all businesses, there are several indicators that are specific to the construction industry. From Caterpillar’s earnings to builder sentiment and architect billings, construction leaders rely on a variety of economic signs to know when a recession is imminent.

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