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Research and
Analysis
As a broad coalition focused on industry-wide issues such as
infrastructure investment and economic development, the New York
Building Congress and its affiliate, the New York Building Foundation,
produce a series of research publications designed to provide timely
and accurate information on industry trends and policy issues relevant
to all sectors of the building community.
The subject and the audience for these reports
may vary but in all cases the intent is to inform both the industry
and opinion leaders on emerging issues and trends and to advocate
recommendations that help the City grow and prosper.
The most current
example of these valuable publications is the latest issue of the
Building Congress Construction Outlook report, covering construction
spending and employment levels forecasted from 2005 through 2007.
The fifth in a series of reports whose forecasts have proven extremely
accurate, the latest Outlook projects record-setting activity reaching
$20 billionin 2006. Behind these impressive numbers, however, are
funding questions that threaten to reduce the level of spending,
particularly by public agencies whose capital programs include
substantial investments.
Publications like Construction Outlook represent an important
service for Building Congress members. No other organization produces
an economic forecast so focused on the New York City construction
market. Similarly, nowhere else can you get the benefit of targeted
research into industry insurance rates, overall capital spending
and electricity needs, as was covered in past Building Congress
reports.
Coming later this year will be the next Electricity
Outlook report subtitled "Powering New York City’s Economic
Future." Notably,
this report will, for the first time, examine New York City’s
energy needs over the next twenty years and include what may be
required to support all of the comprehensive economic development
proposed for the City over that period of time.
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