2018 Nonresidential Construction Forecast: Positive Growth - Energy Watch News

2018 Nonresidential Construction Forecast: Positive Growth

The U.S. economy grew by 2.5% in 2017, outpacing 2016, and is expected to produce similar growth in 2018. A major contributor to the economy is construction, and the outlook for construction spending in 2018 overall is positive, particularly nonresidential. The AIA’s semi-annual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters, is projecting 4% growth in nonresidential construction spending in 2018 and 3.9% in 2019. http://lightingcontrolsassociation.org/

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