Nonresidential construction showed ...
Nonresidential construction showed healthy, broad-based improvement in the first half of 1994 as spending forward new commercial, industrial and institutional work swelled 62 percent above last year. latter data suggest that the sector is poised for more expansion in 1995. Building permit value sweeps provide us with very useful insight into yet to be construction activity in the nonresidential sectors. Therefore, the 106 percent hike in nonresidential permit values nationwide foreshadows well for construction in this category across the next year. Equally encouraging, permits in all four
|