Construction Forecast 2024. The january 2024 consensus construction forecast has spending on nonresidential buildings with a more modest 4% increase in 2024, at a pace that will slow to just over. Expect warehouse and renovation construction to be up in 2024, but most construction sectors will see subdued growth that year.
Expect warehouse and renovation construction to be up in 2024, but most construction sectors will see subdued growth that year. In the opening months of 2024, economists are advising construction companies to keep an eye on some key statistics to get an idea of how the year will turn.
Dodge Forecasts Warehouse Construction Starts To Reach $44 Billion In 2024, An 11% Drop From The Year Before.
In 2024, the construction industry is expected to undergo big transformations and innovations.
Contractors May Experience Disparate Fortunes Depending.
Expect warehouse and renovation construction to be up in 2024, but most construction sectors will see subdued growth that year.
The Aia Consensus Forecast Panel Is Projecting A 24% Increase In Construction Spending On Hotels This Year, And An Additional 7% In 2024.
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Contractors May Experience Disparate Fortunes Depending.
Posted on december 12, 2023 | the construction industry saw record growth in 2023.
Weโre Forecasting New Work Output For 2023 As A Whole To Be Down By Just Over 1%, And We Foresee A Bigger Decrease Next Year.
The daily average occupancy rate has stabilized at just under 65%, while the revenue per available room has increased almost 4% over the past year.
For The Overall Net Forecast Of 36.4% In 2024, 49.6% Of Respondents Expect Revenue.