Boston
Vermeulens has released its market outlook report for the second quarter of 2017. Key points include:
- Construction prices for the North American Institutional sector are trending back to 4% per annum for the near term.
- Strong margins in the construction sector are continuing to expand supply.
- Energy and commodity prices remain at levels seen in the 1990’s due to strong international and US supplies.
- The Federal Reserve expects medium term inflation to stabilize around the 2 percent objective.
The full report is available from Vermeulens.
Organization | Project Role |
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Vermeulens
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Construction Economist
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Source