Late-2014 figures track positively trending construction market

Sources: Associated General Contractors of America, Washington, D.C.; CP staff

Analyzing new federal government data on construction spending through November, AGC confirms that overall 2014 project activity was set to modestly outpace 2013 totals. Figures released January 2 coincide with association members’ push for action on a series of federal infrastructure programs, including funding for highway and transit upgrades, plus clean water initiatives.

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Lead forecaster: Infrastructure, housing, producer consolidation key to 2015

Sources: FMI Corp., Raleigh, N.C.; CP staff

Construction- and engineering-geared management consultant FMI views increased infrastructure spending levels, continued housing activity growth and accelerated market consolidation as linchpins to a successful year. In its U.S. Markets Construction Overview 2015 report, the firm observes:

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