American Institute of Architects' is predicting a growth in non-residential construction of 4% in 2018 and 3.9% in 2019, demonstrating likely sustained strength in the construction market. With the exception of religious facilities, all sectors of the non-residential market are predicted to see growth in 2018.
According to AIA Chief Economist Kermit Baker, the growth is fueled by the rebuilding from last year's natural disasters, the recently enacted tax bill and the anticipation of an infrastructure bill. The growth prediction is supported by the AIA's Architectural Billings Index, which is a leading indicator of construction growth.
7/29/2022 11:02:27 pm
Hi thankks for sharing this
Leave a Reply.