Construction spending fell 6.9% in 2013, says Ance

IMG title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2013/12/wpid-a521fd8f18514d66b7281183f45ba968.jpg” IMG class=hide alt=”Construction spending fell 6.9% in 2013, says Ance” src=”http://www.mineralfossil.com/wp-content/uploads/2013/12/wpid-a521fd8f18514d66b7281183f45ba968.jpg” (ANSA) – Rome, December 17 – Construction spending fell by 6.9% in 2013 compared with the previous year, while the number of bankruptcies has increased, an industry group said Tuesday. PThat is worse than the 5.6% drop previously forecast, said the Italian construction association Ance./PPSince the global economic crisis began in 2008, jobs in construction have fallen by 10.4% with about 480,000 positions lost, according to Ance./PPAs well, about 12,600 companies – roughly one in four – have fallen into bankruptcy, the group said./PIMG id=mediaViewer title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2013/12/wpid-trasp230.gif”ALL RIGHTS RESERVED