The cuts are seen coming from across the board. Government,residential and commercial building is all expected to slowdown.

But when announcing the results at a presentation in Midtownthis morning, Richard Anderson, the Building Congress' president,pointed out that $26.2 billion is still a significant number andwould surpass the total in 2006.

"By historic standards that's still pretty high," he said. "It'snot the bottom falling out of the construction market."

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