The American Institue of Architects (AIA) Consensus Construction Forecast Panel is projecting that nonresidential construction spending will increase 4.4 percent this year — up from a forecast of 2.1 percent growth at the beginning of the year. This increase is predicted to accelerate to a 6.2 percent gain in 2013. The AIA says that despite many challenges, nonresidential construction activity has gotten off to a good start this year. To read more from the AIA, click here.
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