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Construction Industry Forecasting

Which areas of construction are projected to see a decline this coming year?

Institutional and public spending will be down in 2014. This has been expected, since these two areas of construction have recently seen elevated levels of spending relative to GDP. A decrease in these two areas will help [to keep] the federal government from getting deeper into debt.
answer provided by Nathan Medcalf

Ken Simonson forecasts 2013 public construction spending to continue its 3 percent to 6 percent decline, with highway spending flat and education construction down 5 percent. He suggests that no matter what happens in politics, public construction spending will continue to erode given the federal deficit and state tax revenue situations.
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