Construction starts will increase by 5 percent over 2016 to $713 Billion, according to Dodge Data & Analytics 2017 Construction Outlook. That’s all well and good, but the Dodge forecast was released in October 2016, before Donald Trump won the election. Now, with a Republican majority in the U.S. Congress and President Trump in the White House, many are wondering how the construction industry will be affected in 2017 and beyond.
President Trump has announced plans to address two key areas that will certainly affect construction: infrastructure and real estate.
Growing Infrastructure Opportunities
“We will rebuild our infrastructure, which will become second to none,” said President Trump in his election night victory speech. He echoed this sentiment in his inaugural address. “We will build new roads, and highways, and [Read more…] about How Could President Trump Affect Construction in 2017 and Beyond?