Following several years of remarka...

Following several years of remarkably strong growth in the value of addition, alteration and improvement work done forward existing nonresidential buildings, reconstruction markets make go rounded much weaker during 1990 Although no comprehensive series exists which allows us to monitor changes in the value of nonresidential reconstruction with the same precision as for fresh construction, monitoring of building permit stretchs does allow us to prepare a sense of how private reconstruction markets are faring vis-a-vis private novel construction.

During 1990 the inflation-adjusted value of permitted