THE ECONOMIC EFFECTS OF ENVIRONMENTAL EXPENDITURES ON THE CONSTRUCTION INDUSTRY

Published Date: January 1, 1980
Between 1978 and 1985, municipal governments and private industry will spend about $111 billion dollars on construction of new facilities to reduce air and water pollution as mandated by the EPA. This report presents estimates of how these projected expenditures will affect the total level of construction and how employment, wages, interest rates, and other variables will respond to the change in construction output. Effects on employment in selected subclasses of the construction industry were also estimated.