2. Private non-residential expenditures were about $10,700,000,000. Berlin believes this outlay may also be equaled in 1953. 3. Government construction of all kinds totaled about $10,600,000,000. Berlin ex pects this fiyurc to rise in 1953. Modernization and repair construc tion volume totaled about $10,000,000,000 last year and the prediction is that it will increase in 1953. If Mr. Berlin’s prediction is an accurate one, the industry's peak volume of 1952 will be surpassed in 1953 by a new record. This would indicate another unusually jzood business year in 1953.

67.9%