Home2019-01-28T14:21:19+00:00
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THIS QUARTER

Daniel Pomfrett Headshot

The U.S. construction market appears to be hitting some headwinds, while the domestic economy continues to surge. U.S. GDP grew at an impressive 3.5% rate in the third quarter, following a stellar 4.2% adjusted growth rate in Q2. Approximately 654,000 jobs have been added since Q2 and the unemployment rate is 3.7%, which is near a 50-year low. Despite this growth, investment in nonresidential structures fell 7.9%, compared to a 15% increase in Q2. Real residential investment declined 4%, while real government gross investment in structures rose 14%. READ MORE

DANIEL POMFRETT, MRICS | REGIONAL DIRECTOR | dpomfrett@ccorpusa.com

KEY INSIGHTS

Select from the most pressing topics this quarter.