AIA Construction Forecast Predicts Increased Spending

This week, the American Institute of Architects (AIA) released the results of its first Consensus Construction Forecast of the year. The forecast is compiled based on predictions of the industry's leading forecasters and is conducted bi-annually to anticipate shifting business conditions in the construction industry. The dominant trend in this forecast (projected for 2015 and 2016) is an overall increase in spending in the construction sector. More information after the break.