Non-residential markets are poised to compensate for the steep decline in U.S. construction spending for single-family housing in 2007
The decline in new residential construction spending predicted for 2007 is no cause for alarm, say industry economists. Although estimates of a drop in single- and multi-family housing seem unusually high as much as 8.5% according to the forecast published by Skokie, Ill.-based Portland Cement Association industry analysis concludes that what may appear to be a severe decrease in spending is actually
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