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National's Construction Infographic Shows Projections for Industry Growth in 2016
Since the 2008 economic downturn, growth in many industrial sectors has been flat or slow at best. In many sectors growth is approaching, but has not yet returned to, 2007 levels. Recently however, several key factors signal the potential for positive growth throughout the construction industry this year. National Business Capital has prepared an infographic that highlights several current construction industry growth indicators. These include increased employment in the construction trades, additional public and private non-residential spending among consumers, increased construction starts and more green building projects. This information will be of interest to construction business owners, tradesmen, and their support industries, to enable these companies to position themselves for increased success in 2016. Here are the five key signs that growth in the U.S. construction industry is experiencing an uptick.ABOUT THE AUTHOR
Joseph Camberato is the CEO & Founder of National Business Capital, where he has led the company in funding more than $2.5 billion for growth-minded businesses since 2007. With firsthand experience building NBC from a startup into a national private lender, Joe writes on the economic forces shaping access to capital, including interest rate shifts, private credit trends, and the challenges mid-sized companies face when banks pull back.
