Steel Markets
January 21, 2014
Optimism Returns: A Construction Outlook for 2014
Written by Sandy Williams
Contractors are expecting a better year in 2014 said the Associated General Contractors of America in their latest report, Optimism Returns: The 2014 Construction Hiring and Business Outlook. In a survey of 800 AGCA members, firms reported stronger optimism for construction demand and employment than they have since the downturn in 2008.
More than 40 percent of contractors expect activity to increase in manufacturing, retail, warehouse and lodging, and in hospital and higher education. Optimism reigned in all the other segments, except for marine construction which is expected to remain stable or weaken.
