Market Still Remains Strong, But Execs Fear 2020 Vision

摘要

The construction market is enjoying a decade of steady growth, and most sector executives don't see an immediate cause for concern. But there is a growing sense of unease that the U.S. economy is softening, which could put an end to the industry's expansion. The contrast between current conditions and future market expectations can be seen in the latest results of the ENR Construction Industry Confidence Index survey. The CICI remained static at 59 in the first quarter of 2019, from the previous quarter ending last year. Of the 205 executives from large construction and design firms responding to the survey, many believe the market will begin to decline sometime in 2020.