During the Decade of 2000-2009, Shannon Construction Was Impacted
by Changes in the World
Economic | Climate | Scandals | Terrorism
In this decade, significant events happened both for the U.S. construction industry and for Shannon Construction.
The economic trends from 2000 to 2009 were very tumultuous and tested the construction industry. As the dot.com business model was in its infancy, there was a lot of speculation, and the stock market had many ups and downs. Due to the Enron scandal, the Sarbanes-Oxley Act emerged to expand penalties for accounting fraud and instructed accounting firms to remain independent. Read More>>>