AIA: Nonresidential construction decline to continue into 2010 - Business First of Columbus:

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Commercial projects will experiencer the biggest dropin activity, AIA reported in its semi-annual Consensuzs Construction Forecast, a survey of constructionn forecasters. Retail construction is expected to see the biggest decline inactivity — down 28 percent this year and anothetr 12.6 percent in 2010 — followec by hotel construction with 25.8 percent less activity this year and 16.8 percenyt less next year. Office building activith is expected to bedown 21.5 percent in 2009 and anothed 17.3 percent in 2010. Industrial facility constructiob activity is expected to be down by less than 1 percenrthis year, but will suffer the biggesyt decline — 28.
4 percent — next year, accordin to the report. Institutionalp building is expected to bedown 5.8 percent this year and down 2.5 percentr in 2010. Within the category, public safety construction will see an increasof 1.7 percent this year and 0.7 percent in while health care facility construction will be down 1.5 percen t this year and less than 1 percentg next year. Amusement and recreation constructionh willbe hard-hit, down 20.8 percent in 2009 and another 8.1 percent next year. Religious construction follows with an estimated declineof 10.7 percent this year and 6.7 percentg in 2010. Education construction is expected to bedown 8.
2 percent this year but less than 1 percent in 2010. “While thers are some indications that the overalo economy is beginningto recover, nonresidentiao construction activity typically lags behind the rest of the Kermit Baker, AIA chief economist, said in a news release. “Commercialo facilities such as retail establishments and offices will feel the decline most The institutional market will fare much betterf as stimulus funding becomes available for health care andgovernment