Economics: A mixed bag of activity for 2023
Floor Covering News
FEBRUARY 6, 2023
Moreover, the value of non-residential construction put in place as well as the Architectural Billings Index—key barometers of spending on commercial projects—are in positive territory. Residential construction dips Research conducted by ITR Economics shows new home sales are down 18.2% Commercial usually lags GDP by 12 to 16 months.
Let's personalize your content