FMI: Construction spending to reach $1.46T by 2022

Construction spending is set to reach $1.35 trillion in 2019 and increase to $1.46 trillion by 2022, according to FMI. While a downward trend is expected for multifamily construction this year and next, areas such as public safety, education, lodging and office will grow during the period, FMI says. Read the Building Design + Construction story here

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