19
Jul
21:36
AIA forecasts more growth in US nonresidential construction
US spending for nonresidential building construction is on pace to grow by over 7% in 2024, and then is expected slow to 2% growth in 2025, Kallanish learns from a midyear AIA Consensus Construction Forecast.
The update originates from a panel of US construction forecasters, who evaluate current construction spending trends and offer a 2025 outlook.
Strength within nonresidential building construction spending comes in part from the manufacturing segment, wh…
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