Aia Construction Forecast 2024. The construction industry saw record growth in 2023. The panel forecasted that nonresidential construction spending will slow to 4% growth in 2024 and further slow to 1% growth in 2025.
The market size is expected to reach $3.31 billion in 2028 at a cagr of 3.6%. Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to the american institute of.
Following A 19.7% Surge In Spending For Commercial, Institutional, And Industrial Buildings In 2023, Leading Construction Industry Economists Expect Spending.
The july 2023 consensus construction forecast has optimistic predictions for nonresidential spending in late 2023, followed by slower gains in 2024.
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The aia consensus forecast is computed as an average of the forecasts provided by the panelists that submit forecasts for each of the included building categories.
Spending On Nonresidential Buildings Will See A Modest 4% Increase In 2024, After Increasing By More Than 20% Last Year According To The American Institute Of.
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According To The American Institute Of Architects’ (Aia) Consensus Construction.
The specialty alumina market size has grown steadily in recent years.
After Potential Record Growth, Construction Forecasters See Weaker Gains In 2024.
The market size is expected to reach $3.31 billion in 2028 at a cagr of 3.6%.
Spending On Nonresidential Construction Will Cool To A Modest 4% Increase In 2024, After Experiencing A Remarkable 20% Increase In 2023, According To The Most.