Report: Fewer commercial starts, higher construction spending

06/30/2008 | Bloomberg Businessweek

Commercial real estate starts will continue to weaken in 2008, according to a report by Standard & Poor's. The analysis by David Wyss, which appeared in BusinessWeek, did, however, note that construction spending should be higher this year. The downturn in the commercial sector has not garnered as much attention as the housing slowdown.

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