2011 Outlook for US Construction - Cliff Brewis McGraw Hill

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2011 Outlook for US Construction - Cliff Brewis McGraw Hill

  1. 1. 2011 Outlook for U.S. Construction Cliff Brewis Senior Director Editorial Operations McGraw-Hill Construction
  2. 2. What Do We Expect? The U.S. recession – began Dec. 2007, ended June 2009. GDP Pattern: History Forecast 2008 2009 2010 2011 0.0% -2.6% +2.6% +3.0%
  3. 3. What is the Biggest Concern?
  4. 4. LA/Orange: Single Family Housing ($000.00)
  5. 5. LA/Orange: Multi Family Housing ($000.00)
  6. 6. LA/Orange: Retail ($000.00)
  7. 7. LA/Orange: Offices ($000.00)
  8. 8. LA/Orange: Education ($000.00)
  9. 9. LA/Orange: Health Care ($000.00)
  10. 10. LA/Orange: Highways ($000.00)
  11. 11. LA/Orange: ($000.00)
  12. 13. U.S. Total Construction Starts for 2011 Billions of Dollars 2007 2008 2009 2010 2011 Total Construction 641.7 555.2 420.7 411.3 445.5 -7% -13% -24% -2% +8% Single Family Housing 201.2 122.4 94.3 100.0 126.7 -26% -39% -23% +6% +27% Multifamily Housing 60.9 38.7 17.4 19.1 23.6 -13% -36% -55% +9 +24% Commercial Bldgs. 101.0 81.6 46.7 38.8 44.9 +9% -19% -43% -17% +16% Institutional Bldgs. 117.7 130.4 111.2 103.6 102.7 +6% +11% -15% -7% -1% Manufacturing Bldgs. 20.8 29.6 9.7 8.5 9.2 +54 +42% -67% -12% +9% Public Works 121.3 121.0 121.6 123.6 122.3 +8% -0- -0- +2% -1% Electric Utilities 18.8 31.4 19.8 17.7 16.0 +7% +67% -37% -11% -10%

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