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Construction Market Shrinks as 2027 Bid Prices Could Keep Climbing
The U.S. construction sector presents a dichotomy. On one hand, the construction market is shrinking, with real construction spending on track to fall for a second straight year in 2026, according to JLL’s just-released “U.S. Construction Perspective 2027.” On the other hand, it’s costing more to build. Tender prices, which indicate what contractors want to ... The post Construction Market Shrinks as 2027 Bid Prices Could Keep Climbing appeared first on Connect CRE .
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