With 2020 still barely underway, industry sector analysts already are sizing up growth prospects and risk factors for key construction markets and for publicly owned firms this year.
In a Jan. 3 update, Steven Fisher, construction sector research analyst for investment firm UBS, says that based on its data forecasts, non-residential construction spending rose 4.2% in November on a year-to-year basis, accelerating from the October 2.6% rate over the 12-month period.