Construction spending expected to hit nearly $190B between 2019 to 2021: report

Total construction spending this year through 2021 is expected to reach $189.5 billion, according to a new report by the New York Building Congress. The group’s annual Construction Outlook report estimates that spending will hit $61.5 billion by the end of this year, $65.9 billion in 2020 and $62.1 in 2021. Government-funded infrastructure is expected to make up the biggest chunk in the next three years, with spending projected at $67.9 billion. Non-residential construction follows

source https://therealdeal.com/2019/10/24/construction-spending-expected-to-hit-nearly-190b-between-2019-to-2021-report/