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Construction Projections and Forecasts-March 2018

Here are useful, recent construction-related projections and forecasts:

The U.S. repair construction market is forecasted to grow at Compound Annual Growth Rate (CAGR) of 8.35% from now until 2021, according to a report by 360marketupdates. Repair materials are used in construction when damage occurs in the structure.

According to a report released by Absolute Reports, experts predict the Construction Materials Market will grow at a CAGR of 6.76% from now until 2021.


The Wells Fargo 2018 Construction Industry Forecast reached a 20-year high after construction executives expressed positive feelings about the industry's outlook. The survey is up 10 points from last year and has increased 25 points since 2016.


ConstructConnect announced in its Spring 2018 Forecast Quarterly Report that from 2019 through 2022, the total construction starts forecast remains unchanged with an almost +5.0% average annual rise.


The American Institute of Architects predicts in its semi-annual consensus construction report a 4% increase in nonresidential construction this year and next. Office construction is expected to lead the sector with a 4.6% increase, while industrial will be the top gainer in 2019 at 5.2%.

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