Attached PDF of my Forecasting presentation delivered 5-22-17 at Advancing Building Estimation in Houston
EdZ presentation ABE Forecasting Costs 5-22-17
A few bullets from this presentation
- Construction Starts is not construction spending
- Cash flow = Spending = Revenue
- Revenue is not Volume of work
- Spending minus inflation = Volume
- Understand what’s in an Index to avoid misguided inflation adjustments
- We can’t ignore productivity
- Spending activity has just as much influence on inflation as labor and material cost.
Slides in this presentation come from the following articles:
1st Qtr Update 2017 Construction Spending Forecast
Construction Analytics 