Mid-Atlantic construction spending forecast to rise 1.7% in 2026; NYC leads in office conversions

New York Construction Report staff writer The construction industry in the Middle Atlantic region is poised for a 1.7% increase in spending in 2026, reaching nearly $197 billion, according to FMI’s latest industry outlook. Following a stabilizing year in 2025, the region is expected to see growth across residential, nonresidential, and nonbuilding sectors. Key drivers … Continue reading Mid-Atlantic construction spending forecast to rise 1.7% in 2026; NYC leads in office conversions