Predict Downturn in Non-Residential Construction During NAHB Forecast
The National Association of Homebuilders (NAHB) hosted its Construction
Forecast Conference yesterday and its not a surprise that
the news was dismal. While the conference focused on the residential
market, Ivy Zelman, chief executive officer for Zelman & Associates,
warned that non-residential construction is the next concern.
HERE to download her presentation . (See slides 55-59 for those
that deal specifically with non-residential statistics.)
HERE for detailed information regarding the residential outlook
from the NAHB conference from USGlass's sister publication, Door
and Window Manufacturer (DWM) magazine.
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