Despite drops in Sales expectations, profit margin expectations, and staffing level intentions of nonresidential construction industry professionals, economic outlook remains positive. This is due to any reading above 50 being positive and all three categories ranking in the 60s.

“An abundance of considerations have rendered the typical nonresidential construction executive somewhat less confident regarding near-term business prospects,” ABC chief economist Anirban Basu said in a statement. “These include jittery financial markets, stubbornly low commodity prices, unpredictable Federal Reserve policy and rising consumer delinquencies and corporate defaults.”

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