Here are latest updates for 2015 predictions in nonresidential buildings markets. Eight firms have posted forecasts for spending growth in nonresidential construction markets.
Actual spending put-in-place for October year-to-date (YTD) is included in the YTD shown at the top of the table. Don’t expect most markets to change much in the last two months of data. Both Commercial/Retail and Manufacturing have been declining in recent months and are expected to continue to drop slightly.
Once the September YTD data is in, a strong forecast for the year can be made with only three months outstanding. It will be interesting to look back at this chart when the final numbers for 2015 become available in February 2016 to see how we did. Earlier posts and reports can be referenced to see forecasts from midyear.