{"id":458341,"date":"2021-03-16T07:03:06","date_gmt":"2021-03-16T11:03:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458341"},"modified":"2021-03-16T07:03:06","modified_gmt":"2021-03-16T11:03:06","slug":"wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/","title":{"rendered":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip<\/b><\/p>\n<p>\nExecutive sentiment mixed as uncertainty lingers\n<\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end of a complicated year, and a renewed optimism for the second half. In November 2020, the bank queried hundreds of industry executives to determine the 2021 U.S. National Optimism Quotient (OQ). Survey results show that leaders ended 2020 feeling cautiously optimistic with a 2021 OQ score of 78, representing a 21-point drop from 2020.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 371px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg\" alt=\"Wells Fargo releases the results of its 45th annual Construction Industry Forecast (Photo: Wells Fargo)\" \/><\/p>\n<p style=\"font-size:85%\">Wells Fargo releases the results of its 45th annual Construction Industry Forecast (Photo: Wells Fargo)<\/p>\n<\/div>\n<p>\n\u201cFrom a global health pandemic to civil unrest to a historical election year, it was more important than ever to survey our construction industry peers to understand their sentiment as they reflected back on the past 12 months, and anticipate what 2021 might bring,\u201d said James Heron, national sales manager for Wells Fargo Equipment Finance\u2019s Construction Group.\n<\/p>\n<p>\nThe OQ is the survey\u2019s primary benchmark for measuring the degree of optimism in the nonresidential construction business for the coming year. The survey posed questions about equipment sales, purchase expectations, and rental market trends, while also exploring major cost and risk concerns that industry executives were considering as they geared up for the new year.\n<\/p>\n<p>\nAt 78, the 2021 OQ indicates optimism tempered with restraint. Any score between 75 and 99 is considered more cautious or measured optimism. An OQ score of 100 or more represents strong optimism for increased local construction activity relative to the perceived level of activity for the prior calendar year. A score below 75 signals that most responding executives believe local construction activity will decrease \u2014 a more pessimistic point of view.\n<\/p>\n<p>\nThe 2021 score represents a significant dip compared to the 2020 OQ of 99, which was just shy of the 100 points considered strongly optimistic. Other key findings include:\n<\/p>\n<p><b>Industry optimism<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nPessimism for nonresidential construction activity continues to grow among executives.\n<\/li>\n<li>\nWhile executives are becoming more pessimistic of nonresidential construction activity, their optimism for residential construction activity strengthens.\n<\/li>\n<li>\nOf executives who think that nonresidential construction activity will remain the same, most feel it will begin to increase in the year\u2019s second half as vaccines continue to rollout.\n<\/li>\n<li>\nThe outlook of the construction industry as a whole remains positive, with 59% believing it will expand in the next two years.\n<\/li>\n<\/ul>\n<p><b>Trends in rentals and purchases <\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nOverall trends in equipment rentals and purchases among contractors remain unchanged.\n<\/li>\n<li>\nMore distributors report renting out less equipment now than a year ago; however, they continue to utilize the majority of their fleet.\n<\/li>\n<\/ul>\n<p><b>Top cost concerns<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nExecutives expressed uncertainty about the local and national economy, political changes, and public health as it relates to COVID-19.\n<\/li>\n<li>\nPotential tax increase concerns rose from 4% in 2020 to 13% voicing tax concerns in 2021.\n<\/li>\n<\/ul>\n<p><b>More about the Construction Industry Forecast<\/b><\/p>\n<p>\nThe 2021 Construction Industry Forecast results represent the 45th year in which Wells Fargo Equipment Finance has surveyed construction industry executives to gather insight into current business conditions and trends and to measure sentiment. Responses came from more than 200 construction industry executives in 44 U.S. states. Nearly all of the respondents report that they have been in the industry five years or more. To learn more, download the complete <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wellsfargomedia.com%2Fconstruction-industry-forecast%2F%3Futm_source%3Dpublicsite%26utm_medium%3Dbanner%26utm_campaign%3Dfinancing2021soon&amp;esheet=52396342&amp;newsitemid=20210316005347&amp;lan=en-US&amp;anchor=report&amp;index=1&amp;md5=0f4b69e2b5041099a355cd241b9880a4\">report<\/a>.\n<\/p>\n<p><b>About Wells Fargo<\/b><\/p>\n<p>\nWells Fargo &amp; Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune\u2019s 2020 rankings of America\u2019s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fstories.wf.com%2F&amp;esheet=52396342&amp;newsitemid=20210316005347&amp;lan=en-US&amp;anchor=Wells+Fargo+Stories&amp;index=2&amp;md5=2f3eb47d81d99d6ccd1125b2906221c7\">Wells Fargo Stories<\/a>.\n<\/p>\n<p>\nAdditional information may be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wellsfargo.com&amp;esheet=52396342&amp;newsitemid=20210316005347&amp;lan=en-US&amp;anchor=www.wellsfargo.com&amp;index=3&amp;md5=7b6b8d2a17dda4d71b807aba72eb85bd\">www.wellsfargo.com<\/a> | Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fwellsfargo&amp;esheet=52396342&amp;newsitemid=20210316005347&amp;lan=en-US&amp;anchor=%40WellsFargo&amp;index=4&amp;md5=6f64c72d98014fda931ab64e7cf3b1a3\">@WellsFargo<\/a>.\n<\/p>\n<p><b>News Release Category: <\/b>WF-ERS\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005347r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>LaTrina Shepherd, 312-339-0012<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:latrina.shepherd@wellsfargo.com\">latrina.shepherd@wellsfargo.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Steel Engineering Logistics\/Supply Chain Management Manufacturing Other Construction &amp; Property Building Systems Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property Public Transport Other Transport Finance Urban Planning Trucking REIT Landscape Interior Design Transport Professional Services Architecture<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/600475\/3\/WF_logo_cmyk_3x3.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/3\/CIF-booklet_cover.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Wells Fargo releases the results of its 45th annual Construction Industry Forecast (Photo: Wells Fargo)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip Executive sentiment mixed as uncertainty lingers SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end of a complicated year, and a renewed optimism for the second half. In November 2020, the bank queried hundreds of industry executives to determine the 2021 U.S. National Optimism Quotient (OQ). Survey results show that leaders ended 2020 feeling cautiously optimistic with a 2021 OQ score of 78, representing a 21-point drop from 2020. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/ Wells Fargo releases the results of its 45th annual Construction Industry &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458341","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip Executive sentiment mixed as uncertainty lingers SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end of a complicated year, and a renewed optimism for the second half. In November 2020, the bank queried hundreds of industry executives to determine the 2021 U.S. National Optimism Quotient (OQ). Survey results show that leaders ended 2020 feeling cautiously optimistic with a 2021 OQ score of 78, representing a 21-point drop from 2020. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/ Wells Fargo releases the results of its 45th annual Construction Industry &hellip; Continue reading &quot;Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-16T11:03:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip\",\"datePublished\":\"2021-03-16T11:03:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/\"},\"wordCount\":813,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210316005347\\\/en\\\/865272\\\/4\\\/CIF-booklet_cover.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/\",\"name\":\"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210316005347\\\/en\\\/865272\\\/4\\\/CIF-booklet_cover.jpg\",\"datePublished\":\"2021-03-16T11:03:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210316005347\\\/en\\\/865272\\\/4\\\/CIF-booklet_cover.jpg\",\"contentUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210316005347\\\/en\\\/865272\\\/4\\\/CIF-booklet_cover.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/","og_locale":"en_US","og_type":"article","og_title":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk","og_description":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip Executive sentiment mixed as uncertainty lingers SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Wells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end of a complicated year, and a renewed optimism for the second half. In November 2020, the bank queried hundreds of industry executives to determine the 2021 U.S. National Optimism Quotient (OQ). Survey results show that leaders ended 2020 feeling cautiously optimistic with a 2021 OQ score of 78, representing a 21-point drop from 2020. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210316005347\/en\/ Wells Fargo releases the results of its 45th annual Construction Industry &hellip; Continue reading \"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-16T11:03:06+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip","datePublished":"2021-03-16T11:03:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/"},"wordCount":813,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/","name":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg","datePublished":"2021-03-16T11:03:06+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#primaryimage","url":"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg","contentUrl":"https:\/\/mms.businesswire.com\/media\/20210316005347\/en\/865272\/4\/CIF-booklet_cover.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wells-fargo-survey-construction-industry-hopeful-about-2021-despite-optimism-dip\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Wells Fargo Survey: Construction Industry Hopeful About 2021, Despite Optimism Dip"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/458341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=458341"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/458341\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=458341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=458341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=458341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}