Friday, October 19, 2018

New York’s five-year construction spending boom could be slowing over the next two years

Nonresidential construction spending in New York City is projected to reach $39 billion in 2018, a nearly 66% increase over the previous year. However, spending is also expected to tail off significantly during the following two years, according to a new report, Construction Outlook 2018-2020, released today by the New York Building Congress.

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