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The AIA Consensus Construction Forecast projects annual growth in the 3.5 percent range for the remainder of 2017 as well as for 2018, with a slower growing commercial/industrial market, and an institutional sector facing several challenges. percent to 4.0
percent in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments, according to the American Road & Transportation Builders Association’s (ARTBA) chief economist. Total transportation construction and related market activity is expected to grow 1.3
A team of design and color experts developed colormix 2017: The Sherwin-Williams Color Forecast based on extensive research and insights into global trends. This stark style looks modern in residences or commercial properties. Sherwin-Williams has released four new color palettes.
Commercial property transaction volume is expected to decline over the next three years to $475 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. percent in 2017 and 3 percent in 2018, all below the long-term average growth rate of 5.8
A team of design and color experts developed colormix 2017: The Sherwin-Williams Color Forecast based on extensive research and insights into global trends. This stark style looks modern in residences or commercial properties. Sherwin-Williams has released four new color palettes.
Southern Botanical , an industry leading commercial and residential landscaping company headquartered in Dallas, Texas, needed a better way to give its clients a secure method for online payments. The company was honored as the 2017 Spectrum Innovator Award Winner just prior to Viewpoint’s acquisition of Dexter + Chaney.
Associated Builders and Contractors forecasts a slowdown of growth in the U.S. commercial and industrial construction industries in 2017. percent in 2017,” said ABC Chief Economist Anirban Basu. WASHINGTON, D.C. For more than two years, the Federal Reserve has been able to focus heavily on stimulating.
. – Associated Builders and Contractors’ Chief Economist Anirban Basu, American Institute of Architects’ Chief Economist Kermit Baker and National Association of Home Builders’ Chief Economist Robert Dietz predicted continued growth for the construction industry in 2017 during a recent joint economic forecast.
According to GTM Research’s report, Microgrids 2014: The Evolution of Localized Energy Optimization , current microgrid capacity stands at 1,051 megawatts and is forecasted to reach approximately 1,843 megawatts by the end of 2017, driven in part by a number of recently announced state-level resiliency programs.
Plumbing Commercial Plumbing. The Home Improvement Research Institute (HIRI) has just released its September 2012 forecast for the size and trends in the home improvement market. The forecast is for a growth of 4.9% This new forecast has some revisions to history driven by new data released by the Census Bureau.
According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. The state will cross the trillion dollar threshold for nominal GSP in 2017. By Dominique Cantelme.
These data points portray the current state of affairs while also forecasting what’s to come. The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. million in 2017 to 2.1 100,000: the number of direct jobs the commercial drones market growth is projected to create in the next 20 years.
This movement is made evident by the 2024 AIA Consensus Construction Forecast, 1 which projects a pattern of stable growth for healthcare will continue, producing an increase in spending of around 3.5 percent annually this year and next. Healthcare was one of the few major construction sectors that did not see a decline during the pandemic.
From the July/August 2017 Issue . Here are a few keys to the Cape’s forecast: As the 10th largest city in Florida, Cape Coral is an ideal location for relocating businesses due to its large, talented and available workforce. In 2017, Moody’s Analytics expects the metro area’s population to expand 3.61 By the BF Staff.
From the September/October 2017 Issue. Our planning for increased power along with installing the fiber optic lines has been extremely important for our commercial customers,” said Aubin. In its 2017 fiscal year, Nashville International Airport (BNA), the region’s conduit for air travel, served a record-breaking 13.5
The project, which began three years ago and is expected to be completed by 2017, is more than halfway done after workers finished dredging an 11-mile stretch, known as Reach D, last month. Charleston is one of 17 commercial “Strategic Ports” in the U.S. The next segment slated for dredging is in the Delaware Bay.
From the September/October 2017 Issue. Here’s a peek at what’s driving change in 2017: The factory of the future: Tesla’s “Gigafactory,” may represent not just what future factories look like, but how companies approach their entire manufacturing process. The program boasts 225 member companies and 650 students enrolled for fall 2017.
The Pennsylvania Rapid Bridge Replacement project aims to replace 558 aging bridges across the Keystone State by the end of 2017. Navagant Research forecasts that the global SGaaS market, estimated at $1.7 There are an estimated 4,000 bridges in PA rated structurally deficient.]. and the largest road project in Pennsylvania’s history.
That said, the only objective and verifiable method of creating a dependable estimate for a local site is to use locally reserached labor, material, and equipment costs applied to granular construction tasks based upon relevant commercial construction means and methods.
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