Precast Prospers in 2020

Precast concrete sectors should grow despite a flat overall year for the construction industry in North America

Despite ongoing labor shortages and indications that the economy is slowing, the precast concrete sector of the construction industry in North America should continue to prosper in 2020. Even as the picture for total construction starts looks flat, the segments where precast is most prevalent are the most likely to grow. That’s the overriding view of construction economists, equipment suppliers and large regional precast concrete manufacturers interviewed in late November 2019 for the Precast Forecast 2020.

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