Predicting the future can be fun, scary, positive, or negative. Still, everybody wants to know, what will the year hold for my industry? And for construction, there are quite a few analysts and consultants willing to stick their necks out and forecast the near future.
Take for example LBMC, a public accounting firm and the largest professional services and business consulting firm in Tennessee. They released their fourth annual national Business Outlook Report, offering insight into business trends, challenges, and levels of optimism across seven major industries including construction.
What is predicted for the C&RE (construction and real estate) industry