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What eight leading economists predict for nonresidential construction in 2020 and 2021

BD+C

Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel.

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ABC, AIA and NAHB economists predict industry growth through 2017

Contractor Magazine

ABC Chief Economist Anirban Basu, AIA Chief Economist Kermit Baker and NAHB Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a joint economic forecast today. read more.

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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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2016 Midyear Collaborative Construction Economic Forecast

Construction Equipment

Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a joint economic forecast Monday.

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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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