Commercial Sector Boosts Construction Forecast
Construction Equipment
JULY 31, 2015
Commercial construction is up and institutional construction is down, according to the American Institute of Architects (AIA) Consensus Construction Forecast.
Construction Equipment
JULY 31, 2015
Commercial construction is up and institutional construction is down, according to the American Institute of Architects (AIA) Consensus Construction Forecast.
Construction Dive
AUGUST 10, 2018
The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.
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BD+C
JULY 25, 2017
The AIA Consensus Construction Forecast projects annual growth in the 3.5 percent range for the remainder of 2017 as well as for 2018, with a slower growing commercial/industrial market, and an institutional sector facing several challenges. percent to 4.0
Construction Superintendent Magazine
FEBRUARY 20, 2017
With construction spending continuing on an upward trajectory, 2016 can be considered a successful year for the nonresidential building sector. The commercial construction sectors – retail, office and hotel – will continue to lead the building recovery, while industrial construction is projected to see almost no increase this year.
Construction Superintendent Magazine
JANUARY 18, 2023
While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according to a new report from the American Institute of Architects. Similar to 2022, growth in construction spending in 2023 will be uneven with a projected 2.6%
Construction Business Owner
MARCH 24, 2016
According to the American Institute of Architects (AIA), nonresidential building spending in 2015 was close to $360 billion, with forecasts estimating this number to hit $390 in 2016. The 2016 Dodge Construction Outlook also recently predicted a 9 percent gain in this sector.
Construction Business Owner
NOVEMBER 8, 2015
The American Institute of Architects' (AIA) semi-annual Consensus Construction Forecast recently projected that spending will increase by nearly 9 percent this year, with another 8 percent gain in 2016. million commercial buildings in the U.S. Size is also an issue.
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