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19 Jul
21:13

Non-residential construction to continue decline in 2021

Despite overall economic quarterly growth of 6.4% in the first quarter, US non-residential construction spending is expected to continue to decline on-year during 2021, Kallanish learns from projections by the American Institute of Architects (AIA). According to the AIA's consensus construction forecast panel, non-residential building spending is expected to decline by an additional 3.9% this year following a 2% decline in the prior year. The latest …
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