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Building industry betting on pent-up demand to boost activity

from By Michael J. Berens

The beginning of 2015 was "deja vu all over again" for the building industry, as severe weather conditions in much of the country once more dampened activity for most of the first quarter. New construction, remodeling and design work all lost some momentum coming off a strong fourth quarter in 2014, although growth remained positive overall compared to a year ago. Nonetheless, building professionals express confidence that improving economic indicators will encourage homeowners to undertake projects they have been putting off for some time. more

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