Commercial construction spending ac...

Commercial construction spending accounted for 31% of the total year-to-date gain in nonresidential and multifamily construction by means of August. The quick reverberation in spending on new and renovated multifamily housing, retail, service, and parking facilities early in the construction expansion round of years is typical of the cyclical pattern.

Retailers and storefront service firms answer quickly to changes in the scale and mix of consumer spending. However, they build remarkably inexpensive space compared to space built for other businesses. General merchandise retail, especially the big enclosed seat [i]or[/i] seats ...