Consensus Forecast: Nonresidential construction spending to rise 8% in 2016

Feb 12, 2016 by Kim Slowey

“‘While rising interest rates could pose a challenge to the U.S. economy, lower energy prices, improved employment figures and an enacted federal budget for 2016 are all factoring into a very favorable outlook for the construction industry,”¬†AIA Chief Economist Kermit Baker said in a statement…”

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