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AIA predicts nonresidential spending growth through 2019

Construction Dive

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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ABC, AIA and NAHB Economists Predict Industry Growth Through 2017

Construction Superintendent Magazine

. – Associated Builders and Contractors’ Chief Economist Anirban Basu, American Institute of Architects’ Chief Economist Kermit Baker and National Association of Home Builders’ Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a recent joint economic forecast.

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Moderating economic growth triggers construction forecast downgrade for 2017 and 2018

BD+C

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

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AIA Reports Healthy Outlook for Nonresidential Construction Market

Construction Superintendent Magazine

For the coming year, the American Institute of Architects semi-annual Consensus Construction Forecast is projecting growth in overall nonresidential building spending of almost 6 percent, just below the pace of growth for 2016. For 2018, the institutional construction sectors will generate much of the growth, particularly the large.

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Construction Industry Bounces Back in 2013

Constructonomics

With the first quarter of 2013 already behind us the construction industry finally appears to be on a path of recovery and growth now that the recession appears to have ended. The industry has continued to add jobs each month throughout the first quarter of the year and construction spending during the first two months of 2013 is 6.6

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Construction economists optimistic 2014 commercial and industrial growth

BD+C

A combination of low interest rates; wealth effects stemming from a booming stock market and rising home prices; surging energy production; and expanding industrial output has helped position the U.S. read more. "A Contractors'

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Nonresidential Construction Spending Expected to Moderate Through 2024

Construction Superintendent Magazine

Despite macroeconomic headwinds such as inflation, rising interest rates and weak consumer sentiment scores, the AIA’s Consensus Construction Forecast panel is projecting nonresidential construction spending to grow 5.8% in 2023 but slow to under 1% in 2024. increase in the commercial sector, 15.1%