AIA Forecast: Lackluster 2008, Worse 2009, But No Major Recession

Article Date : 16 July 2008
News Section: USA

The latest semiannual construction forecast from the American Institute of Architects, released today, foresees “a mild decline” of 1.9 percent in nonresidential construction activity in 2008, followed by a more severe decline of 6.7 percent in 2009...

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