This key construction outlook provides the forecast for U.S. construction starts in 2014, including a detailed analysis of the industry's economic environment and market trends. Robert Murray, vice president of economic affairs for McGraw-Hill Construction, discusses recent developments and how they shape the construction outlook. This report includes over 60 charts, tables and graphs to visualize market trends.
Construction starts are expected to increase 9% and will reach $555 billion in 2014. The 2014 Construction Outlook analyzes which sectors of the U.S. construction market will finally see improvement over the year and which sectors will continue to struggle towards a long-awaited recovery. This comprehensive 32-page report covers the major sectors of the U.S. construction market with breakouts for detailed categories within the residential, nonresidential and engineering sectors. In addition, it provides an outlook for the broad types of construction within each of the five major regions of the country.