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State of the Construction Industry: November 2018 Roundup

Viewpoint Construction Technology

Construction Industry to Keep Pace in 2019 with $808 Billion in New Starts Forecasted.

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AIA predicts nonresidential spending growth through 2019

Construction Dive

The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.

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What eight leading economists predict for nonresidential construction in 2020 and 2021

BD+C

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.

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ARA Forecasts 2021 Rental, Const. Revenue

Construction Equipment

The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.

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2019 Annual Report & Forecast

Construction Equipment

Last year brought bold moves that bolstered nearly every realm of the construction industry. Tax cuts and reduced regulations buoyed the stock market, and many construction firms geared up for a continuation of the growth seen during 2017. Then came the tariffs tiff, igniting a trade war affecting…

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Engineering, construction spending to rise 3% in 2019: FMI outlook

BD+C

is forecast to rise 3% in 2019, according to FMI’s First Quarter 2019 North American Construction Outlook. That represents a slight slowdown in industry growth compared to the 4% growth rate of 2018. Total engineering and construction spending for the U.S.

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Global Market For Smart Cities To Reach $1,265.85 Billion By 2019

Buisness Facilities Contributed Content

According to the report “ Smart Cities Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 ,” the global smart cities market is expected to reach a value of $1,265.85 billion by 2019, growing at a CAGR of 14.0% from 2013 to 2019. billion by 2019.