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Construction Industry Forecasting

Are there any notable changes in private sector construction?

The most notable change in private sector construction is the increase in residential construction. The turnaround in homebuilding means that the sector went from being a major drag on economic growth for six straight years to accounting for nearly 15 percent of the growth in the economy in 2012. The increased spending on oil & gas construction is also notable but less surprising since this construction has been planned for years.
answer provided by Nathan Medcalf

Housing starts have continued to grow, but the rate of growth in 2013 drifted below the 20 percent level it had reached previously. Office construction is up 5 percent in the past 12 months, lodging construction is up 33 percent and warehouse construction is up 11 percent.
answer provided by Larry Stewart

JLG Industries, Inc. is the world's leading designer, manufacturer and marketer of access equipment. The Company's diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG, SkyTrak® and Lull® telehandlers; and an array of complementary accessories that increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation Company [NYSE: OSK].
An Oshkosh Corporation Company