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2016 Construction Industry Forecast

Contractors and equipment distributors continue to show strong optimism about an increase in local construction activity for 2016

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The 2016 Construction Industry Forecast presents the results of Wells Fargo Equipment Finance's wide-ranging survey of construction industry executives conducted in Fall 2015. Drawing on the responses of construction contractors and equipment distributors from across the U.S., the Forecast reveals trends in the industry and gauges the sentiment of industry leaders on a variety of business topics. Some of the key findings are listed below. Download the full report to find more.

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Within the free in-depth page report, you'll find greater detail about these and other important topics in this year's Construction Industry Forecast.

Construction Optimism Quotient remains very positive for 2016

U.S. National Optimism Quotient (OQ)

The optimism quotient for 2016 is a highly optimistic 108. This is a very good signal for 2016, but is a significant drop from 2015's record high optimism quotient of 130.

Distributors expect new equipment sales to increase or remain steady in 2016

Contractors expect to increase their new equipment purchases in 2016

Contractors and distributors agree on the projection for used equipment sales

Rental fleet sizes are expected to increase or remain steady in the coming year

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2016 Construction Industry Forecast

Learn what construction contractors and equipment distributors are expecting in 2016. Topics include equipment purchase intentions, rental trends, and more. View Full Size (VIDEO)