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ABC Predicts Continued Growth for construction industry in 2016.

2015-12-14 14:31:09| Industrial Newsroom - All News for Today

Associated Builders and Contractors (ABC) forecasts continued, steady economic recovery for U.S. commercial and industrial construction industries in 2016. According to ABC Chief Economist Anirban Basu ABC forecasts growth in nonresidential construction spending of 7.4% in 2016 along with growth in employment and backlog as mid-phase of economic recovery continues. Basu also cited ABC's leading indices, each of which suggest 2016 "will be another solid year."

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Category:Industrial Goods and Services

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