Engineering, construction spending to rise 3% in 2019: FMI outlook

Total engineering and construction spending for the U.S. is forecast to rise 3% in 2019, according to FMI’s First Quarter 2019 North American Construction Outlook.

That represents a slight slowdown in industry growth compared to the 4% growth rate of 2018. Spending growth in 2019 is expected to be led by public investment across both non-residential buildings and non-residential structures.