Sign of the Times -- Indicators Predict Modest Construction Growth in 2014

摘要

If a word had to describe Robert Murray's construction industry forecast for 2014, that word might just be modest. Murray, vice president of economic affairs for McGraw Hill Construction, expects that U.S. construction starts will rise 9 percent for $555.3 billion, topping the 5-percent increase of $508 billion seen in 2013. He was cautious, though, when he delivered the data. "I think the way 2013 has turned out it has some positive news, but also some negative as well," he says. "Some people are saying yes, they are seeing definite signs of growth ... but I've also heard comments that we aren't seeing any signs of an upturn. It's turning out to be subdued and selective."