A solid housing market, educational construction and continued growth in the public works sector will continue to offset the soft office and industrial markets, said Bob Murray, vice president of economic affairs for McGraw-Hill's Construction Group, at McGraw-Hill's Outlook 2003 meeting, held Oct. 23 in Washington, D.C.
Murray expects total construction to decline 1 percent in 2003, after registering a 1-percent increase in 2002. Murray said the U.S. economy is experiencing a “fragil
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.