Commercial Construction & Renovation
The Official Networking Group of
CCR Magazine

FMI Forecast for 2014 in the Q3-2013 Construction Outlook Report

FMI‘s “Q3-2013 Construction Outlook” shows that the markets continue to shift, reducing annual Construction-Put-In-Place predictions to $909.6 billion, down nearly $4 billion from previous predictions. Early forecasts for 2014 show annual CPIP continues moderate growth of 7 percent, rising to $977 billion. In the commercial construction sector, the current forecast calls for a 5 percent increase in 2014. Although retail sales as of June 2013 were up 5.7 percent over the previous year, new bricks and mortar retail space along with commercial other construction growth will remain slow to recover. To download a copy of the full report, click here.

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Commercial Construction & Renovation
The Official Networking Group
of CCR Magazine