Spending upon manufacturing buildin...

Spending upon manufacturing buildings and industrial warehouses declined on an estimated 9.5 percent during 1992 This portrays the second consecutive annual decline for this sector, with the two-year cumulative pendant totaling 15.5 percent. This is in stark contrast to the annual sprouting for the 1988-1990 time period, which had averaged a true healthy 16.8 percent.

Although, we're confident that the worst is throughout and that things are looking up for 1993 there is each indication that spending onward new industrial space will win back only gradually. The nationwide industrial