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Soft Housing Market, Low Mortgage Lending Levels Impact Ready Mix Industry

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Mortgage lending has declined to the lowest level in 14 years, discouraging news for a sustained economic recovery and the ready mixed concrete business, notes NRMCA President Robert Garbini. He cited an April 25 article in USA Today that detailed how "softness in the housing market could complicate the Federal Reserve's efforts to withdraw its easy-money support for the recovery."

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Fritz-Pak Corporation
MPAQ Automation
Putzmeister America, Inc.
McNeilus Truck & Manufacturing, Inc.
Clean Energy
Xypex Chemical Corp
900 Spring Street
Silver Spring, MD, 20910
Phone: 301-587-1400 Toll Free: 888-84 NRMCA (846-7622)