The construction industry continues to rebound.
According to the "2017 Dodge Construction Outlook," total U.S. construction starts in 2017 are predicted to rise 5 percent over 2016 levels to $713 billion. That projected increase follows an estimated gain of 1 percent in 2016 and 11 percent in 2015.
The sectors seeing the most upswing are single-family housing, commercial building and institutional building. As these numbers suggest, the construction industry has entered into a more mature phase of its expansion.
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