After barely 2 weeks in 2017, we can already see the outlook industry has for the year. Industry experts as well as business owners are having a very positive outlook and it is generally thought to be a year of growth! Perhaps the believe comes from recent political changes or it’s a matter of overall industry direction – but the news we are sharing today are definitely giving this year a good vibe!
The first news has perhaps the biggest impact: Associated General Contractors of America released the results of a survey which concluded that over seventy perfect of construction firms are looking to expand their head count majorly this year. This result alone shows what an optimistic view the industry has on the upcoming year.
See the press release and full report here: 73% of construction firms works expand their worker count in 2017
Such optimistic outlook isn’t coming from nowhere. The World Bank is also expecting to see growth in economy, though there is still some uncertainty regarding U.S political stand. However, the overall forecast is looking positive.
Read further: World Bank sees higher global growth in 2017
Now, these financial perspectives are not just pretty forecasts – we can see this change of heart in action. In fact, NY is the prime example of how the optimistic industry is affecting developments. New York City has many extremely ambitious and mindblowing projects underway. We are definitely excited to see these plans come together! In the meantime, we can all enjoy a little preview of the plans.
Check it out: Renderings of 7 billion dollar mega-projects in NYC
What are you expecting from this year? Do you share the optimistic views on the industry as many others do? Share your thoughts below in the comments!
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