Reports Suggest Strong Building Forecasts for 2016
Around the country, there have been some favorable forecasts for the construction industry. According to ENR online, there is currently a strong demand for construction throughout the U.S. But there are also some significant construction booms going on in local economies. A July report from the Wall Street Journal shows an increased demand for construction in New York City, with over 42,000 permits issued for housing units in the city during the first half of 2015. One trade expert calls this an astounding figure and says we’re βheaded into the stratosphereβ with an unprecedented building boom. Β The WSJ story further talks about a tax abatement