What's Hot

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 2025

    Yuma P&Z Recommends Multifamily General Plan Amendment

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 23, 2025] - Mohave County May Remove Data Centers as Economic Development Goal
    • [July 23, 2025] - Yuma P&Z Recommends Multifamily General Plan Amendment
    • [July 22, 2025] - Ariz. Construction Gained 600 Jobs in June
    • [July 22, 2025] - Yavapai Board Enables Bid Process for Cornville Road Roundabout
    • [July 22, 2025] - Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate
    • [July 22, 2025] - Industry Professionals 07-22-25
    • [July 22, 2025] - Commercial Real Estate 07-22-25
    • [July 21, 2025] - Alleging Breaches, ZenniHome Closes NGS Operations
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Yuma P&Z Recommends Multifamily General Plan Amendment

      July 23, 2025

      Yavapai Board Enables Bid Process for Cornville Road Roundabout

      July 22, 2025

      Design Discussed for 45KSF Mesa Warehouse Plan

      July 18, 2025

      Potato Barn to Round Out Mesa Site with 48KSF Warehouse

      July 18, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate

      July 22, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-22-25

      July 22, 2025

      Commercial Real Estate 07-15-25

      July 15, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 2025

      Industry Professionals 07-22-25

      July 22, 2025

      Industry Professionals 07-15-25

      July 15, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Industry Professionals 07-01-25

      July 1, 2025

      Arizona Projects 07-18-25

      July 18, 2025

      Arizona Projects 07-11-25

      July 11, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Arizona Projects 06-20-25

      June 20, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Alleging Breaches, ZenniHome Closes NGS Operations

      July 21, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      BEX Updates Construction Sector Projections in Annual Midyear Update

      July 18, 2025

      Phoenix Industrial Sees First Vacancy Drop in Years; YoY Completions Drop 75%

      July 18, 2025

      Phoenix Construction Costs See 4.42% Q2 Annual Change

      July 15, 2025

      Mohave County May Remove Data Centers as Economic Development Goal

      July 23, 2025

      Yuma P&Z Recommends Multifamily General Plan Amendment

      July 23, 2025

      Ariz. Construction Gained 600 Jobs in June

      July 22, 2025

      Yavapai Board Enables Bid Process for Cornville Road Roundabout

      July 22, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
      • 2025 Industrial LMS
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Economic Development » BEX Forecast Event to Bring Forward Market Research
    Economic Development

    BEX Forecast Event to Bring Forward Market Research

    BEX StaffBy BEX StaffDecember 8, 2020No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Rebekah Morris for AZBEX 
    Next month, the BEX research team will present detailed market analytics at the fourth annual Construction Forecast Event. The topic will be an exclusive and deep analysis of the next three years of the Arizona construction market. Below is a sneak peek: 
    How Much Construction Happens Each Year? 
    Annual construction volume in Arizona has been increasing by double-digit percentages year-over-year (Y–O–Y) since 2017. Prior to 2017, changes from year to year bumped around zero, averaging -1.88 percent between 2011 and 2016. For comparison, the average change in statewide construction volume Y–O–Y between 2008-2009-2010 was -29.91 percent. Since 2017 however, the industry has sustained a consistent and robust growth track.   
    Statewide construction volume in 2020 is projected to top $17.56B, a Y–O–Y increase of 18.32 percent. Data from the Department of Revenue has released actual data through September of 2020, and each month has recorded double-digit Y–O–Y increases.  

    Impact of COVID-19 – Construction has been Spared 
    When the COVID-19 pandemic first started taking hold in March, a lot of uncertainty and angst was present in the market. Construction projects already underway were spared and the Governor’s distinction of construction as an essential activity left the industry largely unscathed.  
    The prolonged impact of the health pandemic combined with low mortgage interest rates has many people moving into new housing options, which has accelerated construction of housing (both multifamily and single-family) statewide.  
    The most significant negative impacts on construction due to COVID-19 are seen in hospitality and office. BEX projects a 20 percent Y–O–Y decline in construction of hospitality projects in 2021.  
    Sector by Sector Analysis – Calculating your Market Share 
    The annual Construction Forecast event goes beyond a macro-economic view of the industry, providing detailed and precise forecast data for individual market sectors including: 

    • Education – both Higher Ed & K–12 
    • Healthcare 
    • Hospitality 
    • Industrial (including Data Centers) 
    • Multifamily 
    • Office/Retail 
    • Power/Solar 
    • Public Spaces 
    • Transportation & Transit 

    BEX research starts with individual project-level data including the market sector, construction volume, Owner/Architect/Contractor information and the estimated construction start and finish dates. Using these key points of data for each individual project, BEX is able to create a forecast amount of construction volume for each individual market sector, and further identify the top players for each sector.  
    What is in it For You? Better Data. Better Plans. 
    What attendees’ value most from the forecast event is the hard analytics and top players information by market sector. Understanding how large the pie is to start enables individuals to better see how they can calculate their own market share for individual sectors, and more importantly, make business plans based on objective, accurate and local data. 
    Register to attend this live virtual event here – https://bex-events.com/forecast/. Attendees will all receive access to the live virtual presentation, a PDF of the slide deck (new this year!), and a GrubHub credit for a meal the day of the event. Early bird pricing is in effect now; registration prices will increase after Friday, December 18th. 

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025

    Scottsdale Report Shows Multifamily Pipeline Half of Common Estimate

    July 22, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 2025

    Yuma P&Z Recommends Multifamily General Plan Amendment

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025

    Yavapai Board Enables Bid Process for Cornville Road Roundabout

    July 22, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Economic Development

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 20250

    By Roland Murphy for AZBEX By the time you read this column, Mohave County may…

    Yuma P&Z Recommends Multifamily General Plan Amendment

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025

    Yavapai Board Enables Bid Process for Cornville Road Roundabout

    July 22, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Mohave County May Remove Data Centers as Economic Development Goal

    July 23, 2025

    Yuma P&Z Recommends Multifamily General Plan Amendment

    July 23, 2025

    Ariz. Construction Gained 600 Jobs in June

    July 22, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.