Significats de nonresidential construction en anglès

Earnings increased in the tools business, reflecting strength in nonresidential construction markets.

Companies with heavy exposure to nonresidential construction still feel a drag on earnings.

That helped to offset a continued slump in nonresidential construction in their home markets.

Its products are sold primarily to manufacturers of concrete products that are used in nonresidential construction.

Although roughly a third of its business goes into the depressed nonresidential construction sector, Reliance sees demand improving overall.

Smaller declines in manufacturing and utilities were offset by gains in mining, wholesale trade and nonresidential construction, Statscan said.

Sales in its electrical Americas segment were flat, reflecting weak nonresidential construction, and sales were down in its aerospace unit.

Cutler said the company expects to continue to enjoy strong demand from sectors such as agricultural equipment, nonresidential construction and aerospace.

But demand for heavy structural products, beams and rebar from nonresidential construction remains weak and should weaken further before turning around.

U.S. nonresidential construction activity is forecast to decline again this year and recover only slightly in 2012, according to an architects' trade group.

While low mortgage rates boosted investment in homebuilding, outlays on nonresidential construction projects such as office infrastructure and power fell, potential headwinds to manufacturing.

Recovery of nonresidential construction activity typically lags a recovery in the wider economy, especially a jobs revival, which drives demand for office and retail space.

Most diversified industrial companies get revenue from nonresidential construction, selling machinery used for erecting buildings or components such as elevators or electrical and cooling systems.

Spending on residential projects accelerated 3.7%, eclipsing a 0.3% drop in outlays on nonresidential construction projects such as manufacturing and power plants.

Spending on residential projects surged 2.1%, eclipsing a 1.0% drop in outlays on nonresidential construction projects such as manufacturing and power plants.

Nonresidential construction is expected to decline and home construction will likely stay weak into 2009, USG said.