Sheet metal & Air Conditioning Contractors’ National Association

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FMI's First Quarter Construction Outlook

 

Total engineering and construction spending for the U.S. is forecast to end up 7 percent in 2018, compared to 4 percent in 2017. Residential and select nonresidential segments are predicted to lead spending growth. Office, commercial and health care markets continue to accelerate whereas, multi-family residential, lodging, and manufacturing appear to be stabilizing. View the details.