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Projections and Forecasts

As Senior Editor of Metal Construction News and Metal Architecture I have access to a lot of incoming information, news and reports. One topic that I always find interesting is projections and forecasts. How are companies and associations able to look into their crystal balls and predict trends and the future? I'm not 100% sure how they do it, but below are some construction-related projections and forecasts that I think you might find interesting and useful.

Housing and the Economy to Continue on an Upward Path, Economists Say

A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and rising materials prices are hindering a more robust recovery, according to economists who participated in yesterday's National Association of Home Builders (NAHB) 2014 Spring Construction Forecast Webinar.

Construction Firms Expect Growing Demand in 2014 as Contractors Plan to Start Hiring and Add New Equipment

Many firms plan to start hiring again and most contractors predict demand will either grow or remain stable in virtually every market segment this year according to survey results released today by the Associated General Contractors of America. The survey, conducted as part of Optimism Returns: The 2014 Construction Industry Hiring and Business Outlook, provides a generally upbeat outlook for the year even as firms worry about growing worker shortages, rising costs and the impact of new regulations and federal budget cutting.

Fourth Consecutive Quarter of Construction Growth but Cost Rises a Key Concern (UK)

The latest Construction Trade Survey, published today, shows that construction activity rose in Q1, the first time in six years that the industry has enjoyed four consecutive quarters of growth in activity. Firms across all areas of construction reported increased output including building contractors, SMEs, specialist contractors, civil engineers and product manufacturers.

Latin America Adhesives and Sealants Market for Building and Construction - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Growing demand from construction and building industry for water proofing systems and cement is expected to boost the demand for adhesives and sealants in the Latin America. These industrial sectors are witnessing rapid growth in Brazil, Chile, Peru, Argentina, Colombia and other regions, thus fuelling the demand for adhesives and sealants. However, growing environmental concerns and volatile raw material prices of crude oil are expected to hinder the market growth. Bio-based adhesives and sealants are expected to catch up in the near future owing to their eco friendly characteristics.

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