It looks like 2024—for good and for bad—might have some surprises in store.
Steve Spaulding
As we close out 2023, most of the major economic indicators look positive, with some surprisingly good. One key leading indicator, architectural billings, predicts a solid 2024 for the construction market, with a slower rate of growth than 2023. According to the American Institute of Architects, overall gains in spending are projected at just under 6%, with almost 3% for the commercial sector, 15% for industrial facilities, and 4% for institutional buildings.
