With more energy-conscious consumers and changing building codes in mind, an increasing number of builders are integrating more energy-efficient designs into new constructions.
While there are solid prospects for stocks of engineering and construction firms, they won't come from efforts to rebuild a devastated Japan. The primary drivers will be high oil prices, general economic revival and U.S. government spending programs. Oil prices are important because international and national oil companies are the top customers for engineering and construction services
Builders broke ground on fewer new homes than expected last month, as weak buyer demand continues to hogtie a revival in the residential construction industry.
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