Construction Industry Outlook

Confidence is high. Demand is high. The population is increasing. The construction industry is projected for sustained growth. According to the most recent data compiled by US Census Bureau, total construction spending is up by 5.1% year over year (this represents non-seasonally adjusted dollars from Oct 17 to Oct 18). The US population has grown by over 25 million since the Great Recession. The unemployment rate rests at 3.9%. This…