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24 Jul
20:07

Non-residential construction to decline through 2021

Non-residential construction spending is projected to decline throughout the rest of the year and into 2021, according to a mid-year update to the American Institute of Architects (AIA) consensus construction forecast. Spending on non-residential construction projects will decline over -8% in the remainder of this year, and another -5% next year, Kallanish understands. The commercial building sector is expected to be hit hardest, with construction spending projec…
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