Revised CanaData Forecasts in Six Major Commercial and Institutional Construction Categories
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Based on the actual starts numbers in the first quarter of this year, CanaData’s square footage forecasts have been revised extensively. This report looks at six major sub-categories within commercial and institutional work − office buildings, retail/malls, warehouses, hotels/motels, medical buildings and educational buildings. The first four fall within the commercial category. The final two are major sub-types of institutional. The new forecast numbers are also set out in the accompanying graphs.