Dodge Data & Analytics released its 2019 Dodge Construction Outlook, predicting that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018.
The Portland Cement Association (PCA) said it expects U.S. cement consumption to reach 3.5 percent annual growth during the remainder of 2017 and 2018.
FMI’s forecast for 2017 predicts an increase of 6% for total construction put in place.
Total construction starts are forecast to increase 5 percent; more modest growth is expected in the transportation sector.
The Portland Cement Association (PCA) announced that U.S. cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year.