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In the wake of the unexpected election of Donald Trump as president, the surge in market optimism among construction executives in the fourth quarter of 2016 has taken on an even greater intensity in the first quarter of 2017.
Over the past two years, construction industry executives have observed that, after the 2007-10 recession, the market’s long recovery seemed to be running out of steam.
A panel challenged to envision the path forward for technology development serving the construction of buildings and facilities sees lots of roadwork ahead, but expresses optimism about progress.
As the general building market continues to show strength, several top contractors have boosted their revenues, thanks in part to an increase in megaprojects.