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Declines in Design Activity Suggest a Bumpier Road to Recovery

PSMJ Resources

Declines in Design Activity Suggest a Bumpier Road to Recovery. While these setbacks don’t necessarily spell the end of economic improvement throughout the industry, it does show just how rocky the road to recovery can be. Forty percent equity is not a loan.” American Council of Engineering Companies (ACEC).

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PSMJ Resources Blog: MHC says starts rise in August; housing is.

PSMJ Resources

But] smaller properties are languishing…‘because banks aren’t lending, and people have no equity in their homes to take out second mortgages to finance new businesses,’” said Jack O’Connor, a principal and director of the national industrial practice group at Newmark Knight Frank in Long Island.