Hilti

A Mid-Year Economic Outlook for the Construction Industry: Three Quick Takeaways

    At the mid-year point the construction industry is trending upwards with an economic forecast that looks optimistic.

    But what is next for the industry and what are the growth projections? Here are three quick takeaways from Dodge’s latest forecast:

    • Economic growth is surging thanks to the growing number of vaccinated Americans and substantial federal stimulus.
    • This surge will continue into 2022 as consumers and businesses spend and invest anew.
    • Higher material prices and labor shortages, however, will impede a quick recovery for the construction sector.

    The e-book will give you a quick understanding of the factors impacting the economic upturn and provide construction outlooks for:

    • Residential Construction
    • ​​​​​​Commercial construction
    • Manufacturing
    • Institutional building
    • Nonbuilding construction

    Download today to leverage expertise that can help you focus on the right construction segments for business growth.