Editor Greg Ettling discusses the results of some recently conducted industry polls.
We did the exact same thing with regard to the non-residential - or commercial/industrial/institutional - market. We asked drillers whether the market in their area would be going up, down or sideways. Forty-seven percent of respondents said they expect things to stay the same; 37 percent said the market will expand; and 15 percent are expecting a decline. While the upside outlook camp is smaller compared to that on the residential side, the percentage predicting a decline was less, as well.