Speaking in numbers, the general construction industry is expected to achieve stronger growth of 5% overall. Also, we can see that construction companies are optimistic about 2018 too.
Generally speaking, there are many reasons that stand behind the optimism of construction companies. Two of the key assumptions are that the tax cuts will lead to a stronger demand, and that States will finally deliver on their promise to boost the investments in infrastructure.
Yet, on the other hand, we had the chance throughout these years to witness that the construction industry has been notoriously slow to jump into the technology revolution.
So, when it comes to general construction industry forecast and technological innovations- then we can see that the new technology will significantly change the entire industry.
Also, for 2018 there are predictions for increase in modular and prefabrication construction projects.
