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Nonresidential Construction Maintains Momentum, AGC Says

"Nonresidential construction spending continued growing in July, despite the weak economy and housing slump," Ken Simonson, Chief Economist for ÃÛÌÒµ¼º½ of America (AGC), said today following the release of construction spending data from the Census Bureau. "But Congress must act promptly to avert layoffs in power and highway construction." ÃÛÌÒµ¼º½ Press Release, 9/02/08