Saving has slowed, but the economy has continued its strong showing. Unemployment is at an all-time low, but sales of existing homes tailed off consistently as last year ended. So what should we believe about the economy of 2000? According to a recently published preview by the FMI Corporation (Denver, www.fminet.com), the better you recall 1995, the more you’ll recognize about 2000 and how its economy affects our industry.
In other words, the economy won’t crash, but it may gear down a notch or two. Construction may continue to grow, just at lesser levels than have been enjoyed in recent years.