There is a long list of places the construction industry – commercial or residential – cannot go to grow this year, Building Design + Construction's Jon Walton writes in an analysis of the year we've begun.
Not all is gloom in Walton's assessment, however. "While new projects may remain few and far between, retrofits are on the rise, and offer one route forward for the beleaguered industry," he says.
As evidence, he cites U.SD. Green Building Council data that show "LEED retrofits overtook new projects in 2011, showing a trend towards energy efficiency upgrades by existing structures and businesses."