At Midyear, Stimulus Is Fueling Florida's Only Positives

When it comes to the status of construction contract activity in the Sunshine State, the current consensus seems to be: things actually could be worse.

For example, according to the latest news from McGraw-Hill Construction, publisher of Southeast Construction, the volume of new contracts signed during May for future construction activity was slightly more than $2.3 billion, or about 16% lower than during May 2008, when overall contract activity totaled roughly $2.8 billion.