RCD: Total Construction Starts Gain Ground, Could Reach $700B by 2018
Over the course of the next
few years, the improving economy could help boost construction spending, making
it possible for U.S. total construction starts to reach $600 billion by 2016
and possibly $700 billion by 2018, according to Alex Carrick, chief economist
for CanaData, a division of Reed Construction Data. Residential starts, tower
construction and the energy sector's capital expansions are expected to
contribute to play a big role. Sales of building materials are also expected to
surge.
(From NRCA)
Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602
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