GOOD NEWS FOR ENGINEERING CONTRACTORS - NATIONAL CONSTRUCTION MARKET IS OPTIMISTIC FOR 2018

BUILDER CONFIDENCE IS IMPORTANT FOR ENGINEERING INDUSTRY

Census estimates of home construction also helped fuel the rise in builder confidence. By November, single-family starts were up 9% on a year-to-date basis, and sales of new single-family homes had increased 17.5% from the month prior — reaching the fastest sales pace in more than 10 years.   CONFIDENCE AMONG BUILDERS AT THE END OF 2017 REACHED ITS HIGHEST MEASURE IN MORE THAN 18 YEARS. MUCH OF THAT OPTIMISM IS DUE TO TIGHT EXISTING HOME INVENTORY, A SOLID ECONOMY WITH LOW UNEMPLOYMENT, AND AN IMPROVING POLICY ENVIRONMENT THAT OFFERS HOPE FOR REDUCED REGULATORY BURDENS.  

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