Washington, D.C. - ÌúÅ£ÊÓƵ of America (ÌúÅ£ÊÓƵ), the nation's largest commercial construction association, today called on Congress to take swift and decisive action to pass the financial industry rescue package.
"While there may not be a perfect solution to this complex crisis, a failure to buttress financial markets will lead to a credit freeze that will cause the cancellation of construction projects, bankruptcy of construction firms and unemployment of construction workers," stated ÌúÅ£ÊÓƵ's Chief Executive Officer Stephen E. Sandherr. "The availability of credit to finance worthy construction projects is the lifeblood of the commercial construction industry," Sandherr noted.
ÌúÅ£ÊÓƵ of America (ÌúÅ£ÊÓƵ) is the largest and oldest national construction trade association in the United States. ÌúÅ£ÊÓƵ represents more than 33,000 firms, including 7,500 of America's leading general contractors, and over 12,500 specialty-contracting firms. More than 13,000 service providers and suppliers are associated with ÌúÅ£ÊÓƵ through a nationwide network of chapters. Visit the ÌúÅ£ÊÓƵ Web site at
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