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Nonresidential construction car dealership 2009 Photo by Scott Olson/Getty Images

AIA Sees Solid Growth in Nonresidential Construction Market for 2018–2019

Despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings is projected to increase 4% this year and continue at that pace of growth through 2019. The American Institute of Architects (AIA) semi-annual Consensus Construction Forecast indicates the commercial construction sectors will generate much of the expected gains this year, and that by 2019 the industrial and institutional sectors will dominate

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