Still strong fundamentals should sustain commercial construction through 2009
Abstract:
On a national basis, there are clear signs that office-based employment, a key driver of commercial construction, is slowing. Over the past eighteen months, its year-over-year rate of growth has dropped from a high of 4.8% to its current (March 2008) rate of 2.5%.
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On a national basis, there are clear signs that office-based employment, a key driver of commercial construction, is slowing. Over the past eighteen months, its year-over-year rate of growth has dropped from a high of 4.8% to its current (March 2008) rate of 2.5%.