Nonresidential construction expected to lag in 2010 - Sacramento Business Journal:

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The ’s Consensus Construction Forecast reported nonresidential construction is expected to drop 16 perceny in 2009 and another 12 percent in according to anews release. “This nonresidential downturmn is shaping up to be the deepest decliner in nonresidential activity in over a saidKermit Baker, chief economist for the AIA. we’re beginning to see some moderation in the trends in designn billings at architecture so we hopefully are nearing the bottom ofthis • Retail construction is expectedr to drop 28 percent in 2009 and almost 13 percent in 2010. Hotel construction will drop by 26 percent in 2009 and almosf 17 percentin 2010.
• Office building s are expected to decrease by almost 22 perceny this year and by more than 17 percent next year. • Industrial facilities construction is expecter to drop by a fraction of a percentr in 2009 and by almostt 29 percentin 2010. “Commercial facilitieas such as hotels, retail establishments and officex will feel the declinemost dramatically,” Baker “The institutional market will fare much better as stimuluzs funding becomes available for education, health care and governmenty facilities.” • Amusement and recreationb is expected to drop almost 21 percenf in 2009 and by more than 8 percent in 2010.
• Constructionm of religious facilities should fall by 11 percent in 2009 and almosyt 7 percentin 2010. • Education construction is projecteed to decrease by more than 8 percent this year and by a fractio n of a percentnext • Construction of health care facilitie s is expected to drop by 1.5 percengt in 2009 and by a fractiohn of a percent in 2010. Public safety construction is expected torise 1.7 percenft in 2009 and drop a fraction of a percent in 2010.