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27 2019 INDUSTRY RESOURCE DIRECTORY • Nonbuilding infrastructure construction is expected to grow at about 5.5% in 2019 and 9.9% in 2020. Transportation spending—especially highways—and public works will drive this area of construction. Events are a function of both long-lead planning cycles and shorter-term disposable income availability. For 2019 there is no indication that fewer events are being planned than in past years, though it is as yet hard to determine whether attendance—and thus the need for portable sanitation services—will continue to grow. The White House Council of Economic Advisors reported on January 15, 2019, that the ongoing impact of the government shutdown could be significant. Apart from the impact on the GDP, the one of the most likely ways portable sanitation companies will feel the effects of the shutdown is through the lack of disposable income that those affected will have. Government employees get back pay once any shutdown is over, but government contractors do not. This means a substantial number of people will have less disposable income in 2019 and are thus less likely to spend as much time—and money—at events this year. Lower attendance will negatively affect the amount of equipment and service required for the events already planned, reducing the size of portable sanitation contracts in many cases. $ in billions ACTUAL 2016 ACTUAL 2017 FORECAST 2018 FORECAST 2019 FORECAST 2020 % growth vs. prior year Total Construction 1,192 7% 1,246 5% 1,321 6% 1,341 1.5% 1,426 6.3% Residential 474 11% 532 12% 562 6% 564 1% 577 2% Nonresidential Buildings 415 9% 419 1% 444 6% 443 0% 482 9% Nonbuilding Infrastructure 303 -1% 295 -3% 316 7% 334 6% 367 10% Educational 90.3 7% 91.2 1% 96.5 6% 92.8 -4% 103.4 11% Healthcare 40.2 3% 41.9 4% 42.2 1% 41.1 -3% 46.6 14% Amusement/Recreation 23.2 14% 24.9 7% 27.8 12% 31.1 12% 31.7 2% Commercial/Retail 78.2 19% 87.7 12% 91.7 5% 90.8 -1% 90.3 -1% Lodging 27.0 23% 28.7 6% 32.3 13% 31.0 -4% 31.6 2% Office 67.6 22% 66.9 -1% 74.1 11% 78.6 6% 84.2 7% Manufacturing 76.4 -4% 66.4 -13% 66.7 0% 65.3 -2% 82.2 26% Other Nonres Buildings 11.7 -3% 11.7 -1% 12.3 5% 12.3 0% 12.3 0% Power 101.4 -2% 96.5 -5% 102.0 6% 108.6 6% 106.6 -2% Highway/Bridge/Street 92.7 2% 89.1 -4% 92.1 3% 93.3 1% 105.3 13% Transportation/Air/Rail 43.3 -4% 45.2 4% 54.5 21% 62.1 14% 75.1 21% Sewer/Water/Conservation 43.8 -3% 39.4 -10% 43.1 9% 46.4 8% 56.2 21% Communication 22.2 2% 24.8 12% 24.5 -1% 23.3 -5% 23.4 0% US Total Construction Spending Summary Forecast includes US Census October 2018 year-to-date spending and Dodge construction starts data as of November 21, 2018. Source: Construction Analytics, edzarenski.com Industry Data Better worksites. Better weekends. Better world. EXCLUSIVE MEMBERS-ONLY CONTENT REDACTED Join us now at www.psai.org for access to this valuable information.