Decline in U.S. Construction Activity Predicted for 2001
CIT Equipment Financing released its 25th annual Construction Industry Forecast, which reports Optimism Quotients (OQs) for nine regions throughout the U.S., as well as a national Optimism Quotient.
The survey participants reported a national 93 OQ, which marks a nine-point drop versus last year and the first time the OQ has fallen below the 100 benchmark since 1997.