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Reed Construction Data offers a monthly look into the future with its Expansion Index.
Each month the group updates an interactive map on its website that offers a 12 to 18 month “look ahead” at the construction marketplace. Using color-coded points plotted on the map, it indicates whether a location’s construction volume is expected to expand or shrink in the upcoming year.
So is your market expected to shrink? Or is it a hot spot? Head on over to Reed Construction Data’s map and check it out.
The next update to the map will come in March.