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Construction demand modelling a systematic approach to using economic indicators

By: Contributor(s): Language: English Series: RICS Foundation Research Papers ; 3(4)Publication details: London RICS 1999Description: ii, 22p. 30cmISBN:
  • 0854069402
ISSN:
  • 1354-506X
Subject(s): LOC classification:
  • 338.4369
Summary: Confirms that, firstly, demand in the construction industry is significantly related to a wide range of economic measures and, secondly, the models are able to produce accurate forecasts that satisfy the acceptable limit of 10%%%% mean absolute percentage error. Implications

Confirms that, firstly, demand in the construction industry is significantly related to a wide range of economic measures and, secondly, the models are able to produce accurate forecasts that satisfy the acceptable limit of 10%%%% mean absolute percentage error. Implications