AIA Forecasts Continued Decline in Construction for 2010

The new year is upon us: freshly made resolutions (“I will visit UnBeige daily, and read excerpts aloud to my most cherished colleagues”), abundant clearance sales, and a new Pentagram Typographic calendar to gaze upon. But despite the nascent economic recovery and the full-bodied hopefulness of the digits 2010, the American Institute of Architects (AIA) warns that nonresidential construction isn’t about to rebound anytime soon. According to the new AIA survey of the nation’s leading construction forecasters (we love a meta-forecast!), nonresidential construction spending is expected to decrease by 13.4%