After adjusting for inflation, inst...

After adjusting for inflation, institutional construction has performed better than any other nonresidential sector in the U during the past 10 years.

Total nonresidential construction activity has fallen 48 percent when 1995 spending is compared to that in 1985 -- a year when a highly favorable tax situation l to excessively herculean activity. As a result of the overbuilding that occurr in the mid-1980s, it's no surprise that the commercial sectors have fared poorly since that time. Total commercial construction, for example, has declined 37 percent since 1985 and the