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The Greatest Challenge Facing the Construction Industry

Viewpoint Construction Technology

Overall growth in the construction industry indicates now is the time for contractors to take advantage of an improving economy to expand their business. Yet that’s exactly what contractors across the country are faced with as the industry prepares to hire again.

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Video: 5 building sectors to watch amid COVID-19

BD+C

In this segment from BD+C 's The Weekly show, Brad Hunter, Managing Director with RCLCO Real Estate Advisors, talks about the short- and long-term market forecast for several key commercial building sectors, including hospitality, industrial, office, retail, and rental housing.

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Nonresidential Construction Spending Projected to Increase through 2023

Construction Superintendent Magazine

The AIA’s Consensus Construction Forecast panel—comprising leading economic forecasters—expects spending on nonresidential building construction to increase by 5.4% With a 5% decline in construction spending on buildings last year, only retail and other commercial, industrial and healthcare facilities managed spending increases.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Wellness-Focused Properties Gyms, spas, and other wellness-focused properties are becoming more popular in the real estate industry. Mixed-Use Developments These developments typically include a combination of residential, commercial, and retail spaces in one building or complex, and can be located in urban or suburban areas.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral). percent.

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U.S. Macro Forecast: Look Through The Snow At The Fundamentals

Buisness Facilities Contributed Content

Macro Forecast, Look Through the Snow at the Fundamentals. Industrial: Nearly every major metro in the U.S. reported above average industrial absorption rates in 2013. With industrial vacancy approaching pre-recession levels, and demand for space still going strong, we expect the next major construction wave to begin in 2014.

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Nonresidential Construction Spending Projected to Increase Through 2023

Construction Superintendent Magazine

The outlook from the AIA Consensus Construction Forecast Panel, in its mid-year update, is more optimistic than what was projected at the beginning of the year, largely due to the extremely strong gains in the manufacturing category, as well as surprising strength in retail facilities. The industrial market.

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