Concerns over the mortgage crisis in the single-family
housing market and its potential impact on non-residential construction weigh heavily on 2008 economic outlook
Over the past two years, the seesaw that is the construction industry economy was kept level by a thriving non-residential sector. Industry analysis performed in 2006 predicted that in 2007 a red-hot non-residential sector with double-digit gains would again balance the overall construction economy, allowing time for a much-needed correction in the inventory of the overbuilt single-family housing
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