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Managing enterprise risk in a growth-oriented construction environment

The next several years should be a positive environment for construction. But generally, more contractors fail in good times than in bad.

By Ed Titus | Updated on November 08, 2017

The U.S. commercial (non-residential) construction market outlook for the remainder of 2017 and through 2018 is expected to grow in the 4% range, according to the AIA Consensus Construction Forecast panel. This is slightly below its previous forecasts of 5-7% entering 2017. There are factors that could add tailwind to growth estimates, which include tax reform, financial deregulation, and a trillion-dollar infrastructure program over the coming decade.

Related: Construction conversation: IRMI’s Bill McIntyre

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