Lower rates pump up housing, but other markets lag behind
Language: English Series: Engineering News Record ; 25 January 1990, 34-41(6)Publication details: 1990Subject(s): Summary: Examines prospects for the construction industry in the USA . At present the housing market does not look like it will be able to sustain growth, even with the decline in interest rates. Although the reduction in rates will keep construction orders at the present level. Other markets are discussed with regard to their consequences on the construction industry. Contains tables of construction contracts in the US, comparing 1988 to 1989 showing percentage change.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS42212 (Browse shelf(Opens below)) | 1 | Available | 35365-1001 |
Examines prospects for the construction industry in the USA . At present the housing market does not look like it will be able to sustain growth, even with the decline in interest rates. Although the reduction in rates will keep construction orders at the present level. Other markets are discussed with regard to their consequences on the construction industry. Contains tables of construction contracts in the US, comparing 1988 to 1989 showing percentage change.