Philadelphia Construction Law Blog

After the economy went south in 2008 and 2009, many parts of the construction industry suffered along with the economy at large. The housing sector – which reports now suggest may be in the process of a slight rebound – was hardest hit at the time. Because of the lack of work, many construction companies shifted their focus to public and institutional work. This sector seemed less impacted, perhaps largely due to money made available through the American Recovery and Reinvestment Act.