Following a slowdown in worldwide construction output last year, 2018 will start a long period of growth, reaching 15% of total GDP by 2032, according to a new forecast.
The nation’s contractors expressed a surprisingly optimistic view of the industry’s prospects for 2018 in a recent outlook survey conducted by the Associated General Contractors of America and Sage Construction and Real Estate.
While proponents of a grid resiliency measure said it would bolster the system during bad weather, the recent winter storm proved such efforts unnecessary.