Building and construction materials sales in the Brazil economy fell by 12.3 percent in 2009 according to Dow Jones.
The Brazilian Association of the Construction Materials Industry considers the global credit crunch and the Brazil recession as key drivers of the decline in the Brazil economy.
Nonetheless, expectations are that with the Brazil government’s “My House, My Life” stimulus program and the infrastructure projects for the 2014 World Cup that building and construction materials sales should pick up as much as 15 percent in 2010.
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