2019 Construction Economic Forecast: Momentum Will Persist For Several More Quarters
The average contractor is likely to be quite busy in 2019, but beyond that the economic outlook is decidedly murky.
CFMA Survey Results Show Construction Confidence Sags in Early 2018
The Overall CONFINDEX rose during the third quarter to 123, up 3.4 percent from the second quarter’s reading of 119. The Business Conditions Index, which reflects how well matters are progressing presently, rose during the third quarter by nearly a percentage point to 125, but is two percent from a year ago.
Amazon HQ2 Goes to Two Cities That Are Already Winners
Recruiting 50,000 Amazon workers to a single market would be difficult. But recruiting half that to two globally oriented markets—Queens, New York, and Arlington, Virginia—represents a much lighter lift.
Southeast Leads Construction Trends in Markets, Technology and Labor
Southeast contractors have experienced a pendulum effect since the end of the recession, with swings between private and public sector development. This seesaw is a call to action for construction executives to be versatile.
Nonresidential Fixed Investment Returns to Earth in Q3, Says ABC
The U.S. economy expanded at a 3.5 percent annualized rate during the third quarter of 2018, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. This represents the first time there have been two consecutive quarters of 3 percent-plus growth since the beginning of 2015.
Is Architectural Materials Selection at a Crossroads?
Architectural materials will always be sought for their durability, safety and efficiency; however, their selection may be at a crossroads. Additive manufacturing is new and may greatly change the selection process when considering the best architectural materials.
Healthy Nonresidential Construction Activity Will Level Off in 2019
Total construction starts are expected to remain flat at $808.3 billion in 2019, with nonresidential building square footage dropping 4 percent to 1,133 million square feet, according to the 2019 Construction Outlook.
M&A Activity High in the Construction Industry
The M&A and private equity space offer new avenues for construction firms to divest, diversify and grow. These opportunities should continue to be an attractive option while the economy is strong.
