Building and Construction: Achieving Substantial Returns in a Difficult Market
- VOLUME XI, ISSUE 14
- Executive Insights
It's no secret that the current U.S. building market is a treacherous place. The global economic crisis, a lack of business confidence, and tight lending conditions, have all contributed to substantial declines in both the residential and commercial sectors. However, L.E.K. Consulting analysis shows that new and existing residential housing sales should recover in 2010, with the commercial construction market lagging behind until 2012.