How we doin?
In the AIA Midyear Consensus, eight firms provided forecasts for Nonresidential Bldgs markets spending for 2022. Their forecasts for 2022 are summarized here. Construction Analytics midyear forecast is included for comparison. Who is closest, who’s not? The year-to-date (YTD) value is through September 2022. I’ll update after final spending for 2022 is posted in Feb. 2023, and then revised in July. The Sept YTD data was released Nov.1st. I’ve included my current (Nov) forecast for 2022 to the left of the table.