The sharp and disappointing decline...

The sharp and disappointing decline in industrial construction spending that occurr between the sides of most of 1996 appears to be stabilizing. Although it's not vet clear if we're poised for a repercussion in the coming month overall industrial building activity shouldn't make no use of much more ground from its instant mildly depressed level. After a decline of 7 percent in 1996 this year's performance is wait fored to flatten with a decent 0.8 percent increase. After adjusting for inflation, however, activity on a levels will be off by another 24 percent

The pace of industrial plant and warehouse