Wolverine Building Group is wrapping-up the most productive year in our history!
We are truly blessed to have a strong team providing excellent service, developing innovative solutions to the challenges each project faces, and delivering with integrity. Of course, a team isn’t anything without a project to build and we couldn’t do any of it without all of those who make up our Wolverine community – our clients, trade partners, consultants, and our dedicated team members.
As we prepare for 2017 and beyond, we review indicators to help us predict where the construction market is headed. Looking at the Architectural Billings Index as well as other economic indices, we see another strong growth year for construction overall in 2017, though not the 12% we saw in 2016. Many are forecasting about half that growth – somewhere in the 5-7% range.
Looking even further ahead, many seem to think construction spending will slow down somewhat nationally in 2018, though not nearly the type of recession we saw in the mid-2000’s.
Reviewing the current Wolverine workload and backlog, we are confident that we are well positioned for the foreseeable future. Our team is well positioned for the next couple of years, and our diversified market areas and geography have proven to be crucial in riding out economic downturns in the past. We are confident that diversification will continue to serve us well into the future.
Have a wonderful New Year!
Aaron Jonker, President
Thank you for partnering with us in 2016, and we look forward to an amazing 2017 together!