Charlie Myers: Managing Growth in an Accelerated Construction Environment
By: Charlie Myers
Published in D CEO September 15, 2015
Construction spending in the U.S. has reached its highest level since May 2008, according to a recent report released by the U.S. Commerce Department. That’s a healthy 13.7 percent increase in the past 12 months, and, for those in the commercial real estate business, good news for all.
Forecasts for the North Texas region point to continued growth through 2017, according to the Urban Land Institute’s Real Estate Consensus Forecast which contains the survey results gleaned from 43 of the industry’s top economists and analysts. That projection represents one of the longest, sustained periods of expansion and growth for our industry.