… despite official figures showing construction output growth

Here’s a question I ponder quite a bit. Why do the official figures show that construction grew in the second and third quarters of last year when to everyone else construction has remained mired in the slough of a nasty recession?

Puzzling isn’t it. Even more puzzling that the estimates for construction’s contribution to the GDP data suggest the industry’s output was stable in the fourth quarter of 2009.

This article continues at Brian Green's Brickonomics blog

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