TOP
STORIES
 1 of 5
What Extron’s True4K Spec Is, What It Is Not
Extron’s new 4K specification is about transparency on products’ resolution, frame rate, color sampling and color bit depth. It is not a certification program.
 2 of 5
Silicon Valley Research Center Unlocks Collaboration with Mezzanine
Visitors to NTT Group’s new customer experience center are immersed in latest digital products and solutions, experience a new kind of workplace collaboration.
 3 of 5
Buffalo Wild Wings Automates 80 Flat Screens in Time for NBA Playoffs
Popular restaurant and sports bar revamps video distribution and control system with local integrator VST Productions and RTI.
 4 of 5
Safety Technology Standards for Schools Outlined at ISC West
Partner Alliance for Safer Schools detailed four tiers of product agnostic life safety strategies to help K-12 districts protect against scourge of school shootings.
 5 of 5
What Obamacare Means For Your Small Business
Learn how to find low insurance prices, take advantage of tax credits and employ private health insurance within your business.
Nonresidential Construction Spending On the Mend
Most sectors saw improvement in 2012, but activity in most sectors remains well short of pre-recession levels.

Article


Nonresidential Commercial
Spending on office buildings (new construction and remodeling/retrofit work) rose a modest 5.2 percent between 2011 and 2012.
February 22, 2013 By Daryl Delano

Recently released U.S. Commerce Department estimates of construction spending for the 12 months of 2012 document the early stages of recovery for most nonresidential building sectors. However, the data also underscores the depth of decline during the Great Recession and the steep uphill climb ahead.

Spending on office buildings (for both new construction and remodeling/retrofit work) rose a modest 5.2 percent between 2011 and 2012. This followed steep declines in 2009, 2010 and – to a lesser extent – in 2011. The dollar-value of office building construction last year rose to $36.6 billion – a level still 47 percent below its 2008 peak.  Similarly, spending on commercial buildings (primarily retail stores, malls, restaurants, etc.) was up 8.2 percent between 2011 and 2012 – but to a level still representing only 53 percent of the $89.7 billion recorded during the peak year of 2007.

Construction in the lodging sector registered the biggest gain last year – but also has the furthest to go to reach its 2008 peak spending level of $35.8 billion. Spending on hotels and motels rose a healthy 24.7 percent during 2012, but the dollar-value level represented less than one-third (only 31 percent) of the peak level recorded just four years earlier.

Click here for a look at spending trends over the past decade for a variety of nonresidential market sectors.

Article Topics
Social Bookmark or Share This
  • Facebook
  • Twitter
  • Digg
  • Del.icio.us
  • Yahoo! Bookmarks
  • Google Bookmarks
  • StumbleUpon
  • Technorati
  • Reddit
  • Windows Live
  • LinkedIn
  • Evernote
  • E-mail


  • Latest
  • Blogs
  • Photos
  • Resources
Enter the 2015 Commercial Integrator BEST Awards

Commercial Integrator's BEST Awards program recognizes the most noteworthy products and solutions for an integration business. Entries are being accepted until May 15, with an early bird deadline of April 10.

2015 Integration Awards Looking for Stand-Out Commercial Installations
AVAD Announces ‘Commercial Days’ Education Opportunity
ihiji Secures $1.8M in Funding to Develop Internet of Things Platform
Extron Presents Next Generation AV and Control Products at NAB
View more news
Webcast:
10 Rules of Video Wall Content Creation

When should 4K content be employed for your video wall? What software should be used? A panel of experts will help you create a video wall content game plan for your clients.

White Paper: Zooming In on Eye-Opening Surveillance Technologies
White Paper: 8 Ways To Calm a CIO’s AV Anxiety
Webcast: Inside PASS Electronic Equipment Guidelines to Safer Schools
White Paper: 5 Steps to Cheaper, Simpler Huddle Spaces
White Paper: State of the Industry Report
White Paper: An Integrator or Audiophile’s Guide to Networked Audio
White Paper: LED Light Fixtures: No Electrician Required
View more papers or webcasts



Recent comments

Yes, the ACA is great for doctors.  My wife had cancer under our old policy.  It paid for virtually…

Posted by Jerry on 2015 04 20 · commented on
'What Obamacare Means For Your Small Business'.

Coverage and access are two ill defined terms.  For example, you could feel less covered because the…

Posted by Dr. Steven Eastaugh on 2015 04 20 · commented on
'What Obamacare Means For Your Small Business'.

One important point this article doesn’t discuss is coverage.  We’re paying significantly…

Posted by Jerry on 2015 04 20 · commented on
'What Obamacare Means For Your Small Business'.

Item 9 thoughts.

When streaming ANY video, you need to consider the venue, as some systems/solutions…

Posted by Dennis on 2015 04 08 · commented on
'10 Important Considerations for HDBaseT Deployments'.