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Architects predict strong construction growth
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The American Institute of Architects is confidently projecting strong growth in nonresidential construction this year and next, with increase of 5% in 2013 and 7.2% in 2014. Commercial construction is expected to lead the way in growth, followed by industrial work, while institutional construction will grow at a slower pace. The AIA is basing its predictions on a comparison of its own "Architecture Billings Index" with forecasts from six different industry groups. The consistency in forecasts leads them to believe they will be very reliable.

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