The Seattle Times reports the Washington State nonresidential construction industry is more than pulling its weight to pick up the slack caused by the downturn in residential construction. The article notes that the glut of nonresidential building around the state has helped cushion the state’s construction sector from the impact of the housing slump. Nonresidential construction spending in the Seattle area jumped 20 percent last year, to $9.57 billion.
A walk outside the downtown Seattle offices of Ahlers & Cressman PLLC will tell you that the nonresidential boom does not look to be slowing any time in the immediate future.
For a link to the Seattle Times article, click here.