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Production is down, construction is down.
Prices in most of Spain are down 75 percent from the peak in 2007, and new construction is down 95 percent, Mr. Stucklin said.
Another one, Fitch, finds that new construction is down 20% across the country.
Perez de la Mesa estimates that new pool construction is down 15% to 20%, so far in 2007.
Retail business is down, construction is down, even manufacturing suppliers are losing ground.
Although traditional construction is down, the green building sector is growing faster than ever!
Similar(53)
Construction was down 2.5 percent.
Residential and private sector construction was down, but government side wasn't.
As he explained it, "In the past, when construction was down, people would just remodel.
Producer prices of lumber, widely used in home construction, are down 3.6percentt in the last 12 months.
According to the National Association of Home Builders, an index that measures the cost of many materials used in home construction was down about 4.5percentt in September from a year earlier for single-family homes and some 6.1percentt for multifamily homes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com