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AIA forecast predicts 4.4 percent rise in nonresidential construction spending in 2012

Post Time:Aug 02,2012Classify:Industry NewsView:77

A sharp spike in demand for industrial facilities, along with sustained demand for hotels and retail projects, could translate into a 4.4 percent rise in nonresidential construction spending this year, according to the American Institute of Architects semi-annual Consensus Construction Forecast. The survey of leading U.S. construction forecasters also projects a 6.2 percent increase of spending in 2013.

Source: http://www.glassmagazine.com/news-item/commercial/aia-forecast-predicts-44-percent-rise-nonresidential-construction-spending-2012Author:

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