Construction Economic Outlook: An Underwriter’s Perspective0

• Outlook & Trends
• November 3, 2017

by Paul K. Reimer, AFSB, Liberty Mutual Surety At the end of fiscal year 2016, the vast majority of construction companies had an optimistic but cautious outlook on the economy. Backlogs were healthier than they had been in years, profit margins had returned for GCs and subcontractors alike, and construction spending overall was on the