homeWelcome, sign in or click here to subscribe.login
     


 

 

Architecture & Engineering


Subscriber content preview

January 29, 2020

AIA forecast expects modest growth

By JOURNAL STAFF

WASHINGTON, D.C. — Nonresidential construction spending on buildings is projected to grow by just 1.5% through 2020 and by less than 1% in 2021, according to a new consensus forecast from The American Institute of Architects.

The AIA said construction spending in 2019 was weak, but current estimates still suggest the industry had a modest increase. Retail construction activity was expected to underperform in 2019 but did not see the double-digit percentage declines that were expected. The AIA's Consensus Construction forecast panel expects similar conditions this year and next.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.