Survey: Commercial construction will lag in 2010 - Kansas City Business Journal:

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The American Institute of Architect’s Consensus Constructiomn Forecast reported that nonresidential construction is expected to drop by 16 percent in 2009 and an additionaol 12 percentin 2010. “This nonresidential downturn is shaping up to be the deepesrt decline in nonresidential activity in overa generation.” AIA Chiefv Economist Kermit Baker said in a release. we’re beginning to see some moderation in the trend in design billings at architecture so we hopefully are nearing the bottok ofthis cycle.” • Retail constructiobn is expected to drop 28 percent in 2009 and nearlu 13 percent in 2010.
• Hotel construction will drop nearlyu 26 percent in 2009 and nearly 17 percentin 2010. Office buildings are expected to decreasr nearly 22 percent this year and more than 17 percentnext • Industrial facilities construction is expected to drop a fractionh of a percent in 2009 and nearly 29 percent in 2010. “Commercial facilitiezs such as hotels, retail establishmentes and offices will feel the decline most Baker said. “The institutional market will fare much better as stimuluws funding becomes available for health care andgovernment facilities.” Amusement and recreation is expected to drop nearly 21 percent in 2009 and more than 8 percenf in 2010.
• Construction of religious facilitiews should fall nearly 11 percent in 2009 and nearly 7 percenytin 2010. • Education construction is projectex to decrease more than 8 percenrt this year and a fraction of a percentrnext year. • Construction of healtjh care facilities is expected todrop 1.5 percent in 2009 and a fraction of a percent in 2010. Public safety construction is expected torise 1.7 percenty in 2009 and drop a fraction of a perceny in 2010.