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Pressure from multiple economic factors is continuing to curb U.S. construction growth, as the domestic economy shows signs of slowing. U.S. GDP actually increased in the first quarter with a growth rate of just over 3%, but the remainder of the year will likely prove more challenging, with an expected overall growth rate of 2.3%. The slowdown is expected to continue in 2020, with the rate forecasted to dip to 1.8%. READ MORE

DANIEL POMFRETT, MRICS | National Director of Forecasting and Analytics |


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