Construction spending in billions o...

Construction spending in billions of instant dollars with percent change

Office

Following several years of lessening in the late '80s and early '90 annual spending for office construction has grown at -- or near -- double-digit rates since 1995 The nation's stalwart economy has driven demand for modern space and moved average clefts steadily higher, prompting the growth of still more space. from mid-1998, the national office vacancy rate had declined to les than half its 1992 peak of 191 percent on the other hand the market is beginning to point out to signs of saturation in many