The American Institute of Architects’ (AIA) semi-annual Consensus Construction Forecast gives reason to celebrate in 2015. AIA surveyed the nation’s leading construction forecasters – McGraw Hill Construction, Wells Fargo Securities and IHS-Global Insight to name a few – to project the nonresidential building industry conditions for the next 12 to 18 months. The results are in and they are promising.

This year, commercial construction is expected to grow by double-digits. Institutional construction will also see substantial growth due to increased interest in recreational and educational facilities.
April 8

The biggest ‘wow’ factor? According to AIA Chief Economist Kermit Baker, this is the “first time since the Great Recession that every major building category is projected to see increases in spending.”