Stimulus helps construction companies hire - Business Courier of Cincinnati:

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“Early reports indicate that the infrastructured piece of the stimulus is beginning to do exactlyu whatwas intended, put construction workers back on the said AGC Chief Economist Ken Other contractors are canceling planned layoffs because of stimulus-fundefd contracts, Simonson said. For many contractors, stimulus projectds are keeping a bad businesa environment fromgetting worse, he said. The numbe of construction jobs declinedby 110,000 in according to the Bureau of Labor Without stimulus-funded projects, that numbetr would have been much worse, Simonson Overall, nonfarm payroll employment fell by 539,000 jobs in April, the smallest decline in six months.
This coulf be a sign that the economyt is beginningto stabilize, which “ie consistent with the notion that demand for new constructionh will begin to emerge latedr this year and into 2010,” said Anirban chief economist for .