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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output.

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2022 Forecast: Industry on Slow Path to Recovery

ENR Construction

infrastructure spending package moves forward, forecasters express cautious optimism about the year to come. . As the world continues its widespread vaccination effort, COVID-19 restrictions ease somewhat and the $1-trillion U.S.

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BUILDER SMS – Too little to late?

Job Order Contracting

Lamm, Justin D. Delorit, Michael N. Grussing, Steven J. Schuldt [contact-form] The post BUILDER SMS – Too little to late?

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2018 ARTBA Transportation Construction Forecast: Modest

Construction Equipment

The American Road & Transportation Builders Association’s (ARTBA) has released its economic forecast for 2018 and says the U.S. transportation infrastructure market is anticipated to rebound slightly next year, following a 2.8 percent drop in 2017.

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Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

trillion Infrastructure Investment and Jobs Act (IIJA) is poised to change how the United States views and implements public-private partnerships (P3s). Congress has a strong interest in increasing P3s in the transportation infrastructure sector long after the IIJA phases out. The P3 model is not the best model for every project.

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3 Methods to Finding More Skilled Labor

Construction Business Owner

The outlook for 2017 is even more bullish, according to Wells Fargo’s Construction Industry Forecast 2017, “with significant talk in all areas of the need for increased infrastructure spending. Growth in construction over the past 5 years was capped off by a record-setting 2016, which saw United States spending reach nearly $1.2

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ARTBA Forecasts 5 Percent Growth in Transportation Spending

Construction Equipment

transportation infrastructure construction market is expected to grow 5 percent from $129 billion to $135.8 ARTBA) annual forecast.' The overall U.S. billion in 2014, according to The American Road & Transportation Builders Assn.