11% Jump in Commercial Construction is Expected Next Year

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The 2016 Dodge Construction Outlook estimates that commercial construction will increase 11% next year, compared with a 4% increase this year. Multifamily housing, which was up 18% this year, will fall back, likely increasing a more modest 7%. Construction of religious buildings was up 2.3% this year and could increase 3.2% next year, according to the report. However, construction of manufacturing plants will likely decline, while public works projects will be little changed.

From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606
www.trentcotney.com

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