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Article: The Everyday Business.(residential construction industry forecast)(Brief Article)(Statistical Data Included)
- Article from:
- Professional Builder (1993)
- Article date:
- August 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Gather a group of home builders today, and before too long, someone will ask the inevitable question: "How is your market holding up?" Most often the answer is the same: "It's still strong, but we're keeping our fingers crossed." You can almost feel the entire residential construction industry holding its breath, hoping our market avoids the current slowdown plaguing the tech and manufacturing sectors.
OK everybody, breathe. Now breathe again, a little deeper this time, for the numbers suggest that the demand for new housing will continue and that the residential construction industry will hold up well in the faltering economy compared with its performance in ...