National’s Construction Infographic Shows Projections for Industry Growth in 2016

Since the 2008 economic downturn, growth in many industrial sectors has been flat or slow at best.

In many sectors growth is approaching, but has not yet returned to, 2007 levels. Recently however, several key factors signal the potential for positive growth throughout the construction industry this year.

National Business Capital has prepared an infographic that highlights several current construction industry growth indicators.

These include increased employment in the construction trades, additional public and private non-residential spending among consumers, increased construction starts and more green building projects.

This information will be of interest to construction business owners, tradesmen, and their support industries, to enable these companies to position themselves for increased success in 2016. Here are the five key signs that growth in the U.S. construction industry is experiencing an uptick.

 

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advice from National Business Capital and the author. Do not rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely on this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions, or mistakes.