Construction Stock Index Plunges

摘要

To close the year ended Dec. 1, 2008, the Construction Stock index was down 915.36 points, or 35.97 percent, and ended at 1629.57 - but it fared better than the major market indices.rnNo one who is breathing needs to be told what happened on Wall Street, and, yes, Main Street, this year. Subprime mortgages started the dominoes falling, and dubious financial instruments like credit default swaps kept it going until the entire economy was under siege. Markets were off in the first quarter, mixed in the June quarter and definitely negative in the third quarter.