According to analysts at McGraw-Hill Construction, the parent company of this publication, residential construction will be higher in 2010 in all three states, with Arizona at nearly $4 billion and Nevada rising to $1.4 billion. Both multi-family housing and single family home construction will see increases over the previous year, but will be nowhere near the levels seen in 2006 and 2007.
New Mexico will also see an increase in non-residential buildings to $1.6 billion, but engineering/highway projects will dip significantly to $935 million in 2010.