Landscape Architect & Specifier News

DEC 2018

LASN is a photographically oriented, professional journal featuring topics of concern and state-of-the-art projects designed or influenced by registered Landscape Architects.

Issue link: https://landscapearchitect.epubxp.com/i/1061582

Contents of this Issue

Navigation

Page 17 of 101

2018-19 18 Landscape Architect and Specifier News H O T E L $27.2 Lodging Construction $73.3* $69.0 Office Construction $41.4 Health Care Construction $28.0* $21.8 $25.1 Amusment and Recreation Construction $53.7* $42.6 $50.0* Transportation Construction $87.9* $95.3* $90.8 Highway and Street Construction $3.8 $3.0 Religious Institution Construction $89.0 $91.7* $74.5 Commercial Construction Dollars Spent in Billions Dollars Spent in Billions Dollars Spent in Billions Dollars Spent in Billions Dollars Spent in Billions Dollars Spent in Billions 2016 2018 2017 2019 Dollars Spent in Billions Dollars Spent in Billions H O T E L $30.2 $33.3 * 2017 H O T E L 2016 H O T E L 2019 2016 2017 2016 2016 2018 2018 2017 2017 2019 2019 $43.3 $42.6* Dollars Spent in Billions 2016 2017 2018 2019 2016 2018 2017 2019 2016 2018 2017 2019 2017 2018 2016 2019 $96.5* $98.7** $88.7 $93.1 Education Construction $69.2 $99.3** $31.6** 2018 $74.8** $45.5** $53.9** $26.5** $89.5** $3.2** $2.9* 2015 2015 2018 2019 2018 2019 2017 2017 2016 2016 Housing Units in Thousands Housing Units in Thousands 1,111 1,173 1,210 1,216 ^ 1,228 * Housing Completions This component showed loses in the latest tally in year-to-year (-6.5%). Single-family units were up 4.3% over the same time last year. The biggest drop was by residences with five units or more, which saw a year-to-year decrease of 29.8%. And since completions generally mirror starts, look for a reduction of completions in 2019 followed by an uptick in 2020. Housing Starts Single-family starts are running 5.5% better year-to-date. Total starts were off 2.9% year-over-year. The Wells Fargo Economics Group believes the market could see "a bit more strength in apartment starts in coming months, even as single-family starts continue to drop." Trading Economics' forecast calls for a 1% decrease in total starts over the next 12 months, then a gain of over 5% in 2020. 968.2 1,059 1,197 1,111* 2018 Total Nonresidential Construction Spending by Sector 1,055 ^^ *Seasonally adjusted annual rate for last reporting period ^^ Estimate based on Forbes' forecast ^ Trading Economics forecast **ConstructConnect.com's forecast 2019

Articles in this issue

Links on this page

Archives of this issue

view archives of Landscape Architect & Specifier News - DEC 2018