The message that the author is putting forth in this article is that 2016 was a peak year for construction throughout the United States. This year, 2017, is going to face a decline in both commercial and industrial construction as commodities rise in price and the interest rate grows bigger.
“It’s likely 2016 will prove to be the peak year for total CRE construction this cycle, and this year construction will begin to moderate, CoStar forecasts indicate.”
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