U.S. real estate has a real problem

U.S. Construction Index ABI in May fell to 45.8 points

In brief: U.S. construction sector suffers losses. New challenges are just beginning real estate market.

U.S. real estate market is in a dire situation. Real problems for this economy sector will come later.

Index Architecture Billings Index (ABI), compiled by the American Institute of Architects and is a leading indicator of upcoming construction of commercial non-residential buildings, in May fell to its lowest value since February, 45.8 points to 48.4 points in April. Experts and analysts see no end in sight.

Ukrainian Globalist
2010-06-23 22:13, Economics.

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