Warns of Vulnerability for Contractors Associated Builders and Contractors (ABC) forecasts a slowdown of growth in the U.S. commercial and industrial construction industries in 2017. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth …
Read More »ABC Predicts Continued Growth in 2016
Steady Economic Recovery Forecasted Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending. “As the mid-phase of …
Read More »New Construction Starts to Grow Six Percent
Dodge Data & Analytics Predicts $712 Billion in 2016 Dodge Data & Analytics (construction.com) has released its 2016 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2016 will rise 6 percent to $712 billion, following gains of …
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