The American Institute of Architects has recently released its mid-year update to its Consensus Construction Forecast. The AIA Consensus Construction Forecast Panel — consisting of leading economic forecasters — projects spending on nonresidential facilities will decline just over 8% this year, and another 5% in 2021. Read More …
All posts tagged “Consensus Construction Forecast”
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AIA Forecast Shows Continued Growth in All Sectors of Nonresidential Construction
WASHINGTON, D.C. – With construction spending continuing on an upward trajectory, 2016 can be considered a successful year for the nonresidential building sector. For the coming year, the American Institute of Architects semi-annual Consensus Construction Forecast is projecting growth in overall nonresidential building spending Read More …
Nonresidential Construction Market Momentum to Continue
WASHINGTON, D.C. – Construction spending greatly exceeded expectations in the nonresidential market in 2015, and this year should see healthy growth levels as well. Read More …