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Positive Gains in Residential and Commercial Construction Spending in the Second Half of 2011 Will Result in Flat Growth For the YearConstruction Spending will fall 8.3 percent in 2010 on Excess Inventory, Reduced Demand, and Tight Credit ConditionsFourth Quarter U.S. Construction Briefing The U.S. Construction Quarterly Briefing delivers detailed written analysis and complete historic and forecast data for the national construction market. Our written analysis highlights recent events and key drivers and how they affect the U.S. construction market. The forecasts are linked to a wide range of specific drivers from IHS Global Insight's U.S. macroeconomic, consumer, and industry models. The Fourth Quarter U.S. Construction Briefing estimates that construction spending will fall 8.3 percent in 2010. However, gains will be seen in both the residential and commercial markets in the second half of 2011, resulting in flat overall growth in 2011. The infrastructure sector will continue to decline in 2010 and through 2011. Free Offerings: Executive Summary: U.S. Construction Quarterly Briefing - Q4 2010 Press Release Q4 2010 More Details: U.S. and Global Construction Advisory Service For more information, contact: Scott Hazelton Group Managing Director, IHS Global Insight Construction Advisory Services +1 781.301.9044 scott.hazelton@ihsglobalinsight.com Jeannine Cataldi Senior Construction Analyst, IHS Global Insight Construction Advisory Services +1 610.490.2650 jeannine.cataldi@ihsglobalinsight.com |
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