Some states in the region could see as much as a 6% increase in construction starts this coming year; others will struggle with declining state revenues and population loss.
Trump’s unexpected election is having little impact on next year’s construction market forecasts: The fundamentals are strong and already in place. The year to watch is 2018.
The ink barely had dried on this year’s batch of construction market forecasts when economists had to take a second look at their numbers to evaluate the impact of Donald Trump’s victory in the presidential election, which brought with it a Republican-controlled Senate and House.