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Feeling the effects of the struggling overall U.S. economy, non-residential construction spending is expected to decrease by 16% in 2009 and another 12% in 2010 (in inflation-adjusted terms). Commercial projects are projected to see the most significant decrease in activity. In contrast, most institutional building categories are expected to see much more modest declines.
Aug. 1, 2009

Feeling the effects of the struggling overall U.S. economy, non-residential construction spending is expected to decrease by 16% in 2009 and another 12% in 2010 (in inflation-adjusted terms). Commercial projects are projected to see the most significant decrease in activity. In contrast, most institutional building categories are expected to see much more modest declines.

Source: “Consensus Construction Forecast,” American Institute of Architects

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