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Home / Commercial Construction / Construction spending expected to drop in 2011, rise in ’12 (access required)

Construction spending expected to drop in 2011, rise in ’12 (access required)

By Nick Bjork Dolan Media Newswires After a projected decline in construction spending this year, the American Institute of Architects expects construction spending to rebound, and even increase, in 2012. According to the AIA’s semi-annual Consensus Construction Forecast, a survey of the nation’s construction forecasters, nonresidential construction spending is expected to decline 5.6 percent from a year previous ...

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