The value of building permits issue...

The value of building permits issued for addition, alteration and conversion work in succession existing nonresidential buildings grew single marginally during 1990. Still, the relative turns in reconstruction permits and of recent origin construction permits - our best leading indicator of trendings in actual construction spending several month "down the road" recommend that 1991 will once again be a better year for renovation/rehabilitation work than for fresh development.

Nonresidential reconstruction permit values for 1990 were 25 percent higher than in 1989 This exhibited a significant ...