NSCA, a not-for-profit association representing the commercial integration industry, has updated its biannual Electronic Systems Outlook report for Summer 2023. It includes new construction outlook information for United States and Canada based on actual data from Q1 and Q2 of 2023, as well as a forecast for the remainder of 2023, 2024 and beyond. 

Overall, total U.S. engineering and new construction spending is forecast to end 2023 up 3 percent compared to up 11 percent in 2022. Spending in reported target nonresidential building segments — corporate, education, government, healthcare, houses of worship, lodging, manufacturing and retail — is forecast to end 2023 up 15 percent from 2022, compared to up 13 percent between 2022 and 2021.