Consensus Construction Forecast News Today

The American Institute of Architects' latest Consensus Construction Forecast predicts that spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year.

Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast.

Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.

Hammered by supply chain woes and fluctuations in demand, builders have learned to become more adept managing challenges.

Hammered by supply chain woes and fluctuations in demand, builders have learned to become more adept managing challenges.

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