The NSCA Electronic Systems Outlook Summer 2018 report has been updated to include outlook information based on data from the first and second quarter of this year, as well as the predicted outcomes for the remainder of the year and beyond.
The forecast for construction calls for a six-percent increase this year, in comparison to the four-percent growth rate of 2017. Looking ahead to 2019, FMI forecasts a five-percent increase in total construction spending over this year. All construction segments, as compared to 2017, are predicted to grow at least with the rate of inflation and are considered stable as a result.
In its Summer 2018 edition, the Electronic Systems Outlook report provides an updated view of construction data by market and electronic system. The report offers details on markets poised to do best, construction forecasts, technologies that are growing in demand, sales approaches and new business opportunities.
“Construction numbers seem to be heating up, which is always positive for NSCA members,” NSCA Executive Director Chuck Wilson said. “That trend is expected next year, as well. The challenge for integrators will be in finding more staff members to help them keep up. This is one of the reasons NSCA founded the IGNITE program—to bring new talent into the industry.”
The NSCA Electronic Systems Outlook report is free for NSCA Gold and Platinum members, and it’s available for purchase at $199 for Bronze and Silver members. It can be purchased by nonmembers for $399. Non-member integrators can become NSCA members for $595 and receive this report as part of their membership package, which offers access to discounted education and training opportunities, updates on regional and national government affairs issues, free monthly industry webinars and other exclusive industry research.
For more information about the Electronic Systems Outlook Summer 2018 report, to see a preview of the report or to join NSCA, visit www.nsca.org.