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Features - January 2004

Residential on the Rise

With the sluggish economy over the past several years, the construction industry has had little to celebrate. But if there has been a bright spot in recent years, it has been in the residential sector. In New York City, where the housing market has remained hot despite the weak economy, high-rise apartment and condominium construction projects are rising with frequency. Full Story >>

National Outlook

On the Brink of Recovery
Economist Forecasting Slight Jump in Construction Spending for 2004
With economists predicting a 4 percent growth rate for 2004, McGraw-Hill is forecasting a 1 percent jump in construction activity nationwide, or $508.9 billion in total spending. Full Story >>

Local Outlook

Seeing the Glass Half Full
Industry Officials View 2004 with Cautious Optimism
With economic conditions expected to improve, 2004 could bring more construction activity in income properties such as offices, hotels, multifamily housing and stores. Full Story >>

Are the Insides Looking Up?

Some See Brighter Future for Interiors Work in 2004
With the sluggish economy over the past few years, many companies have delayed doing interior work necessary to keep their businesses competitive. But with the economy seemingly on the mend, some see a brighter future for interior work. Full Story >>

New Home

Industry Pulls Together to Create the New Center for Architecture.
Industry officials are hoping that the new 12,000-sq.-ft. Center for Architecture in New York City's Greenwich Village will serve as a focal point for exchanging ideas as the city continues to reinvent itself through the built environment. Full Story >>






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