The commercial construction sector ...

The commercial construction sector is awaited to post a modest 21 percent increase to $984 billion in 1998 Following sum of two units years of double-digit increases, 1998's prospect represents a substantial slowdown for the commercial construction market.

The strongest gains will be in the office subsector, which will combine with moderate hotel/motel product to offset a decline in retail evolution Office construction spending, buoyed on continued declines in vacancy rates and hardy investor interest, is projected to climb 83 percent this year to $356 billion. Spending by means of ...