The Construction Industry Has Been Destroyed

It takes six and nine months for them to ripple through the economy. The construction industry has just been clobbered by these radhikes. I wouldn't be surprised at all if in c three or c four we're back to positive g p growth. But i don't think we're nicerally out of the woods, because it's a pretty good chance that next yer these and these a radhikes really kick in.