Commercial building took the hardest hit, down to $298 million in July 2002 from $528 million in July 2001. Total construction was down by more than $400 million for the same time period.

For the year-to-date figures, commercial building is down $1 billion, or 28%, from last year's January-July figures. Residential building is up $38 million, or 1%, for the same time period.

The company produces reports on the construction market, including Dodge Reports and Sweet's Catalog Files.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.