The Associate Press is reporting that this year’s New Jersey Builders Association’s convention in Atlantic City is experiencing an approximate one-third drop-off in attendance:
Attendance is down at the New Jersey Builders Association’s annual trade show in Atlantic City.
AP Spokeswoman Amy Whilldin said the 2009 convention, which began today, has drawn about 10,000 attendees and 600 exhibitors. The event normally sees 15,000 attendees and 900 exhibitors.
Housing officials attribute the light turnout to the impact of the recession and falling home values. Companies are cutting costs and consolidating.
Past association president Stephen Hovnanian said there are a lot of missing faces at the annual gathering, which may be the last for some attendees.
For a link to the article on www.nj.com, click here.
For a link to the Builders Association’s home page, click here.
