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The downturn in the broader economy is limiting the need for new nonresidential facilities. The U.S. gross domestic product (GDP) declined by more than 6 percent on a seasonally adjusted and annualized basis in the fourth quarter of last year, and by almost 6 percent during the first quarter of this year. When we get a reading for the performance of the economy in the second quarter?EUR??,,????'??+which will be released by the Commerce on the last day of July?EUR??,,????'??+most analysts are expecting another sizeable drop, but probably less that we saw in the prior two quarters. – Courtesy of AIA_
The downturn in the broader economy is limiting the need for new nonresidential facilities. The U.S. gross domestic product (GDP) declined by more than 6 percent on a seasonally adjusted and annualized basis in the fourth quarter of last year, and by almost 6 percent during the first quarter of this year.
When we get a reading for the performance of the economy in the second quarter?EUR??,,????'??+which will be released by the Commerce on the last day of July?EUR??,,????'??+most analysts are expecting another sizeable drop, but probably less that we saw in the prior two quarters. – Courtesy of AIA_
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