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U.S. Construction Forecast Tables — Issued October 2007
Based on job-site activity levels through August 2007, Reed Construction Data (RCD) now expects total U.S. construction spending to be down -1.7% in 2007 versus +5.3% last year. Total residential investment will decline -4.5% in 2007 as housing starts will fall -21.2% this year. Non-residential building put-in-place investment is now expected to increase +16.6% in 2007 while non-building (heavy engineering) work will grow +11.5%. RCD's outlook for 2008 total construction spending now stands at +7.1%.
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Favorite Book 2007
The Toyota Way is my favorite book for 2007. It had so many good ideas that I could not keep up and ended up reading it again and even buying the Field Book to go along with it.
Download Elegant Solutions from Change This which provides some highlights of the Toyota Production System. Too many ideas that are applicable to contractors to even count!
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