Industry forecasters at CMD's 6th annual North American Construction Forecast conference delivered bad and good news: the rest of 2001 and much of 2002 will see declines in construction activity and the economy in general.
Hesitant home-buyers, cautious real estate investors, the weaker fiscal standing of state and local government and a reduced demand for commercial space will pose the biggest challenges to the construction industry during the first half of 2002.
Mueller Industries' earnings for the third quarter were 51 cents per diluted share, compared with earnings per diluted share of 50 cents for the same period a year ago.
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