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Tag: construction industry forecast
Business
Slower growth but no recession near, predicts latest cement industry forecast
According to the Portland Cement Association, cement consumption in the U.S. is expected to grow through 2021 at a slow pace. More details on Equipment World.
October 29, 2019
Dealers
Strong construction market to continue with rising equipment sales, no recession, reports Wells Fargo
Wells Fargo is predicting another strong year for the heavy equipment and construction industries. Get more information on the report here on Equipment World.
March 1, 2019
Business
Despite slow start to 2014 and concerns, top construction economists forecast growth in spending and jobs
The outlook from respected economists in the construction industry continues to be mixed as all the elements for growth are there but several factors could limit or hurt the industry’s ongoing recovery. Bernard Markstein, chief economist at Reed Construction Data, Kermit Baker, chief economist at the American Institute of Architects and Ken Simonson, chief economist […]
April 17, 2014
Business
Construction expected to grow 8% this year with “groundhog”-like growth from nonresidential
Construction industry consultant FMI has released what it calls a “cautiously optimistic” outlook for the industry in 2014 in its latest quarterly report. The report predicts construction put-in-place to grow 8 percent this year and for the next few years. “Just like the spring, despite all odds and nasty economic weather, the nation needs to […]
March 27, 2014
Business
AGC 2014 construction forecast predicts improved hiring and pay with increased demand and equipment purchases
The Associated General Contractors of America released their 2014 construction industry forecast Tuesday, reporting the results of an in-depth survey that included 800 AGC members across the United States. The group’s analysis, Optimism Returns: The 2014 Construction Hiring and Business Outlook, found contractors are more optimistic about 2014 than they were about previous years. Noting […]
January 21, 2014
Business
PCA chief economist Sullivan continues optimistic forecast; 8% cement consumption growth in 2014
Echoing his forecast at last year’s event—where he passed out sunglasses —during the first morning of World of Concrete 2014 Ed Sullivan, PCA chief economist, said that the conditions going into 2014 shore up his prediction for a “probably conservative” 8 percent growth in cement consumption. Underlying factors supporting this forecast include steady and increasing job […]
January 20, 2014
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