Building Industry Forecasts

2024-25 Commercial Construction Market Forecast

2024-25 Commercial Construction Market Forecast

What can we expect in terms of growth and performance in commercial building and construction industry in 2024 and 2025? One of the best known sources of data on the subject is the American Institute of Architects, which publish a consensus construction forecast twice a year.

Building Industry Forecasts

2023 Commercial Construction Market Projects Growth

2023 Commercial Construction Market Projects Growth

Despite ongoing economic volatility, 2023 is looking strong for the commercial construction market. The AIA’s semi-annual Consensus Construction Forecast is projecting growth for just about every non-residential segment of the construction market. While not as strong as originally anticipated in July, the 2023 forecast suggests there are still many opportunities. The bigger challenge, however, may be in sustaining this momentum into 2024.

Building Industry Forecasts

Leading Construction Index Produces Stability

Leading Construction Index Produces Stability

The economic outlook detailed in daily headlines can be a maelstrom of mixed messages. Yet, in midst of the swirl, the construction industry appears to be a buoy of cautious optimism.

Building Industry Forecasts

2023 Commercial Construction: Growth on the Horizon

2023 Commercial Construction: Growth on the Horizon

Despite ongoing economic volatility, 2023 is looking strong for the commercial construction market. The AIA’s semi-annual Consensus Construction Forecast is projecting growth for just about every non-residential segment of the construction market. While not as strong as originally projected in July, the 2023 forecast suggests there are many opportunities. The bigger challenge may be in sustaining this momentum into 2024.

Building Industry Forecasts

2023 Commercial Construction Segment Poised for Growth

2023 Commercial Construction Segment Poised for Growth

Despite the recession talk, 2023 is looking strong for the commercial construction market. The AIA’s semi-annual consensus construction forecast is projecting growth for just about every nonresidential segment of the construction market. The forecast also upgraded many building segments in 2022. Overall, the nonresidential activity is expected to finish 2022 strong (+9.1%) and maintain momentum in 2023 (+6.0%).

Building Industry Forecasts

image of excel charts showing projected commercial growth

Hot Commercial Segments in 2022

After weathering quite the storm amid the global pandemic, the commercial construction market is showing signs of strength as 2022 approaches.

Building Industry Forecasts

townhouses

COVID-19 and the Building/Construction Industry: Risk, Uncertainty and Opportunity

This is the first in a series of articles from BLD Marketing that takes a closer look at how key players in the building and construction industry are weathering the global pandemic and how COVID-19 may fundamentally change the design and construction of buildings of all kinds.

Building Industry Forecasts

buildings

Commercial & Institutional Construction – Emerging Opportunities with the COVID Recovery

This is the second in a series of articles from BLD Marketing that takes a closer look at how key players in the building and construction industry are weathering the global pandemic and how COVID-19 may fundamentally change the design and construction of buildings of all kinds.