2018 construction starts will climb to $765B

Dodge Data & Analytics in its 2018 Dodge Construction Outlook forecasts a 3% rise in the value of total construction starts to $765 billion next year. Robert Murray, Dodge chief economist, said the slower growth of 2016, 2017 and 2018 compared to the double-digit boom years from 2012 to 2015 signifies a “mature stage of expansion” for the industry. The drivers for 2018 will be job growth, interest rate stability and funding from state and local bonds.


Share This Article: