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Philadelphia Construction Law Blog

Tag: commercial construction

2014 A Better Year For Construction In Place Numbers

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Mar 28, 2015.

According to the Raleigh, North Carolina based form FMI Corp., 2014 was a vastly better year than 2013 in terms of total construction in place (CPIP). The total for 2014 was $62 billion more – a 7 percent increase – than the year before. The gross number for 2014 was estimated to be around $972 billion. In even better news, the projected number for 2015 exceeds $1 trillion.

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