PHOENIX — Commercial building contractors traveled to Phoenix recently to attend the Honeywell Building Controls Systems 2013 Momentum Conference. The event included speakers, new product launches, and a well-attended tradeshow. The group received some positive news during the general session from American Institute of Architects (AIA) chief economist Kermit Baker. Baker said the construction industry was the last major sector of the economy to recover, but that it is recovering.
“We have been waiting a long time. The economy has been growing so slowly and job growth was so weak that companies had little need to add new facilities. It is beginning to get better for the industry, with residential construction emerging as the strongest sector.”