Majority of 2010’s top 20 construction project $s are from government spending

Two construction workers at work.

Image via Wikipedia

According to a table on page B4 of the September 23, 2010 edition of the Spokane Journal of Business, 60% of the money spent on the top 20 construction projects in the area so far this year is government/taxpayer funded construction. 40% is private sector construction.

This is only amongst the top 20 projects – I did not look up data on other projects which may change the ratio.

With high levels of vacant commercial space and empty homes for sale, there is little new private sector construction.

The largest single construction project is to build a new sewage treatment facility and the second is to renovate a building at Eastern Washington University.

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