Thursday, August 13, 2009

Economic stimulus package likely to drive composite market growth in USA

Despite a significant downturn in the U.S. construction market and a slowdown in wind energy, the economic stimulus package announced in USA is likely to drive composite market growth. Out of US$787 bbln of stimulus package, US$103 bln of ARRA (American Recovery and Relief Act) investment is likely to affect composites related end markets such as construction, wind and mass transportation.

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