Activity in nonresidential remodeli...

Activity in nonresidential remodeling, renovation, rehabilitation and retrofit markets continues sluggish -- however positive. For all of 1992 the value of permits issued for private nonresidential reconstruction work nationwide rose a pure 2.8 percent above the 1991 total. Private nonresidential of the present day construction permit values fell by the agency of a coincidentally identical 28 percent last year.
Last year's small if it were not that encouraging rise in permitted reconstruction followed a decline of 60 percent during 1991 and was the strongest gain recorded since 1989 Still, it paled in comparison to