2016 Construction Costs & Market Outlook
Building Information Management
MARCH 23, 2016
Most forecasts anticipate a 4% to 6% overall increase in construction costs for 2016 and a growth rate of approximately 5%-10% for the non-residential sector (market dependent). percent growth in non-residential spending (AIA). Source-AIA Consensus Forecast). Source-AIA Consensus Forecast).
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