CMD Announces Fall Economic Webcast - Construction 2016: How Sustainable is the Economic Recovery?

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CMD, AIA and AGC chief economists to conduct panel on Nov. 19 to wrap up 2015 and discuss what’s ahead for 2016 construction economy

CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information.

CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information.

The construction economy in the U.S. seems to be on solid ground, with the major building categories seeing steady volume increases

CMD, one of the leading providers of construction information in North America, today announced its seventh annual fall economic webcast, "Construction 2016: How Sustainable is the Economic Recovery?" will take place from 12 – 1:30 p.m. EST on Thursday, Nov. 19, 2015. The free webcast will feature chief economists Kermit Baker of the AIA, Ken Simonson of the AGC of America and Alex Carrick of CMD. AGC professionals and media attending Greenbuild in Washington D.C. are encouraged to view the panel live at the Walter E. Washington Convention Center in conference room #159.

Despite the recent slump in construction activity, many anticipate growth and a generally positive outlook for 2016. The webcast will reveal what factors well-respected economists inside the construction industry think will affect forecasts and allow participants to ask questions during the last half hour.

“The construction economy in the U.S. seems to be on solid ground, with the major building categories seeing steady volume increases and all forward-looking indicators appearing positive,” stated Alex Carrick, chief economist for CMD. “In 2016, construction starts are expected to pick up to 8.4% growth, as rising household incomes boost growth in the residential sector and stronger business investment props up the non-residential segment.”

The webcast will answer numerous questions important to the construction industry including:

  • What trends are driving construction growth?
  • Which markets are surging ahead of predictions?
  • How tight is the competition for skilled labor?
  • Has housing reached its full potential?
  • Which regions are showing signs of slowing?
  • Where is construction on-site and planning activity speeding up?
  • What are the wild cards that can affect the upcoming season?

To take part in the webcast sponsored by Plumbing Manufacturers International (PMI) and the International Code Council (ICC), register here. AIA members who attend the live broadcast will receive AIA CEU credit, and all who register can download the presentation slides and view the webcast archive.

For additional information, visit cmd.group.com for the latest on trends in the construction industry.

About The American Institute of Architects
For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit the AIA website at.org.

About The AGC of America
The Associated General Contractors of America (AGC) is a national trade association, dedicated to furthering the ever-changing agenda of commercial construction contractors, improving job site safety, expanding the use of cutting-edge technologies and techniques, and strengthening the dialogue between contractors and owners. Founded in 1918, the AGC today represents more than 33,500 member firms, including 7,500 of America’s leading general contractors and over 13,000 specialty-contracting firms. Visit the AGC website at agc.com.

About CMD
CMD, the InnovationPartner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and technologies includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmdgroup.com.

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Deborah Reale
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CMD Group LLC
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