The fortunes of the surety sector are, naturally, directly linked to those of the construction industry.
After reaching a high mark of more than $5.5 billion in premium in 2008, that number decreased as the recession took hold and took construction activity down with it. Then, surety premiums rebounded as the economy improved and construction activity increased, and in 2015, finally surpassed the $5.5 billion mark again.
Yet one doesn't have to examine statistics to know that the construction market has rebounded.
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