Marcum Construction Index predicts robust 2018

AZBigMedia

The quarterly Marcum Commercial Construction Index released today foresees continued momentum in the construction market in 2018, following sustained economic expansion in 2017. The 4th quarter report finds that the outlook for the industry in 2018 is the most positive since 2005, with real estate owners, construction firms, logistics suppliers, retailers, and other cyclical businesses as the main beneficiaries.

According to Anirban Basu, Marcum’s chief construction economist and author of the index, nonresidential construction spending expanded 0.8 percent in December, or $720.4 billion on a seasonally adjusted basis.  It was the fifth consecutive month of growth in nonresidential construction spending. 

READ ON:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories