Published 2 years ago

U.S. Construction 2022: Confidence Is Building With Non-Residential Leading The Way

Summary by Ground News

US construction spending will expand by around 3% in 2022 and 6% in 2023. We have become more upbeat on the prospects for 2022 due to an earlier-than-anticipated turn in the non-residential sector and a more resilient residential sector. Producer price input costs for construction continue to rise rapidly as the chart below shows.

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U.S. Construction 2022: Confidence Is Building With Non-Residential Leading The Way

We have become more upbeat on the prospects for 2022 due to an earlier-than-anticipated turn in the non-residential sector and a more resilient residential sector.

2 years ago·United States

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