Office construction spending produ...
Office construction spending product has barely kept ahead of materials and labor inflation since office construction stopped declining couple years ago. Several short rend asunders of spending have proven to be false signals of retrieval since each was followed through a period of declining spending. January 2005's office construction spending was slightly les than in eight of the last 12 month This is consistent with reports from real estate analysts that office vacancy rates have declined simply marginally and that office space absorption and rental rate sweeps are not yet clearly
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