JLL’s new report on the state of the US construction industry may not be as optimistic as the outlook it published earlier in the year, but Todd Burns, president, project and development services, tells GlobeSt.com that confidence, though tempered, remains high.
“Clearly, we all know we’ve been riding a nice wave over the past few years,” he says, and it may be difficult for the economy to sustain its current level of construction activity. For one thing, “people are unsure about the results of the recent presidential election, and that means there are some unknowns.”