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Tag: construction growth
Business
What will 2021 bring? Three Construction Economists Weigh In
From single-home residential construction to commercial construction to highway construction, find out what three economists are forecasting for 2021.
November 30, 2020
Dealers
PCA, ARA forecasts underline steady-as-she-goes 2020 for constructionâwith some cautions
The two pillars of the economy â consumer spending and labor markets â remain solid, portending at least a modest growth in 2020, says Ed Sullivan, senior vice president and chief economist, PCA. âAs long as you have strength in those, the economy will remain strong and you will see continued moderate economic growth. The [âŚ]
February 20, 2020
Business
AGC economist forecasts strong construction growth thanks to âshale galeâ, Panama Canal expansion
The morning after Republicans won back the U.S. Senate, Ken Simonson, chief economist for the Associated General Contractors of America, said that conservative majorities in both houses of Congress are unlikely to spend money to improve the the countryâs infrastructure, but that private construction will be robust. The keynote speaker Wednesday at the 2014 Association [âŚ]
November 6, 2014
Business
Itâs time for contractors to start financial planning for 2015. Here are 3 tips to get you started
Now that the construction busy season is winding down, itâs time to turn your attention to those housekeeping tasks you need to do each year in the fourth quarter. You need to step back and take a critical look at your company in preparation for planning for 2015. Not sure what to do? Here are [âŚ]
September 29, 2014
Business
Three construction economists forecast growth in construction spending through 2017, note causes for concern
Giving their opinions on how they see things shaking out in the remainder of 2013 and how things will shape up for 2014, three construction industry economists painted a fairly positive picture of growth with a tinge of uncertainty, according to a report from SmartBlogs. Kermit Baker, chief economist at the American Institute of Architects, [âŚ]
October 28, 2013
Business
Forecast for U.S. construction value at yearâs end dropped due to 3 political uncertainties
Citing three different political situations it expects to cause continued shifting in construction markets, FMI has again revised downward its forecast for overall construction value. FMI, a management consulting and investment banking provider for the engineering and construction industry, dropped its forecast for the U.S. value of construction-put-in-place to end at $909 billion this year. Thatâs [âŚ]
September 23, 2013
Business
Too much of a good thing? Three steps for managing your construction companyâs growth
Itâs the time of year when Equipment World editors start scouring Contractor of the Year nominations, looking for the best of the best. Some traits are easy to pick out as the signs of a contender: low turnover, good revenue growth, excellent equipment management, a sterling safety record. While others donât quite jump out at you, [âŚ]
September 3, 2013
Roadbuilding
2003, here we come!
Hereâs one of those sentences that you canât help but feel hit you in the face. âTo put it in perspective, in 2012 we will nearly return to 2003 levels of construction in current dollars.â Nearly? So what is being put into perspective? Itâs FMIâs latest forecast for construction put in place which calls for [âŚ]
October 6, 2011
Home
Annual China construction spending up 9 percent
Construction expenditures in China are expected to rise 9.1 percent per annum in real terms through 2014, moderating significantly from the pace of the 2004-2009 period. Notwithstanding its deceleration in growth, China still represents the fastest growing major national market in the world, according to the report. Increases will be bolstered by a growing domestic [âŚ]
May 21, 2010
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