Arlington Heights, IL (January 5, 2015) — Construction Equipment magazine reports that nearly half of the nation’s construction professionals have bumped up expectations for this year, with 48 percent expecting growth in contract volume compared to 2014. Construction Equipment is publishing its Annual Report & Forecast in the January 2015 issue.
This exclusive report has been considered an industry bellwether for more than 25 years and is the only subscriber-based survey that focuses on the entire footprint of the construction industry. The Annual Report & Forecast not only looks at the industry as a whole but also at individual markets to create a detailed picture of the coming year. Business expectations, volume revenue predictions, the current state of professionals’ firms and more are analyzed.
Construction Equipment, in partnership with Case Construction Equipment, joins with SGC/SGC Horizon sister publications Building Design+Construction, Professional Builder, Professional Remodeler, Roads & Bridges and Water & Wastes Digest to present the Forecast for nonresidential, home building, remodeling, transportation and water infrastructure markets. The 2015 results show positive trends for revenue growth across the board: transportation, 41% expect revenue to increase compared to 2014, fleets 51%, water infrastructure 62%, home building 61%, and nonresidential 63%.
“Construction optimism continues to solidify in all markets covered by the brands
in the SGC/SGC Horizon stable, but the full power of this industry has not yet been released,” says Rod Sutton, editorial director of Construction Equipment.
For more information on the Annual Report & Forecast, contact Sutton at rsutton@sgcmail.com or visit www.constructionequipment.com/arf2015.