What eight leading economists predict for nonresidential construction in 2020 and 2021
BD+C
JANUARY 28, 2020
Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel. Public safety, education, healthcare, and office are the bright spots in a market that is entering growth-slowdown mode.
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