Real Estate/Development
Jun. 3, 2003
Signs of Recovery in Place for U.S. Construction Industry
CHICAGO - Signs of recovery are in place for the construction industry and a full recovery is expected in the non-residential sector in 2004, according to Kermit Baker, chief economist for the American Institute of Architects.
Using data from the AIA surveys conducted earlier in the year, Baker said that the economy appears to be moving along well despite the mixed signals and economic cycles in the broader economy.
According to Baker, non-resid...
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