AIA Consensus Construction Forecast
See what’s ahead for the construction industry with this twice-a-year survey of the nation’s leading construction economists who forecast business conditions over the next 12–18 months.
A 12–18 month forecast of nonresidential business conditions
The AIA Consensus Construction Forecast panel includes leading nonresidential construction forecasters in the United States from the following groups:
- Dodge Construction Network
- S&P Global, Market Intelligence
- Moody’s Analytics
- FMI
- ConstructConnect
- Associated Builders & Contractors
- Wells Fargo Securities
- Markstein Advisors
- Piedmont Crescent Capital
The forecast projects business conditions in the construction industry over the coming 12–18 months, and has been conducted for nearly 20 years.
The January 2024 forecast
Construction forecasters cautiously optimistic, with growing concerns about 2024.
The July 2024 forecast
Midyear update projects construction spending to gain momentum this year, but stall in 2025
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Firms expect modestly higher revenue growth in 2025
