Kermit Baker Discusses AIA Index and His Projections for Economic Recovery
August 20, 2009—Kermit Baker, Chief Economist for American Institute for Architecture, and Kemp Harr discuss the slow but steady improvement in the AIA index. Kermit predicts that the non-residential downturn, which lagged the housing downturn, will not be as long or as severe. Listen to the interview to hear how the commercial and residential markets are interconnected and what's driving the recovery of the housing market.
Related Topics:The American Institute of Architects