The Marcum Commercial Construction Index for the third quarter of 2019 finds the industry in overall good health as 2020 approaches, despite some causes for concern. Entitled The Good, The Bad, and The Ugly, the report is produced by Marcum LLP’s Construction Services Group. The good On the positive side, Marcum’s third-quarter index points to increased public construction spending, growing backlogs, falling input prices, the ongoing U.S. economic expansion, a strong construction labor market and interest rate cuts as key factors sustaining the construction industry’s momentum. Highlights noted include: A 1.5% increase in public construction spending in September and a … Read more
Marcum Commercial Construction Q3 Index Reports Construction Industry Healthy Heading into 2020
Filed under: Economic News, eNewsTagged with: 2020 outlook, construction index, construction spendng