Otteau Group

Construction
Mar 6, 2026

NJ construction spending to rise amid new uncertainty

During an ACCNJ webinar, economist Jeffrey Otteau projected local expenditures will increase 5% in 2026, even as geopolitical tensions, oil prices and tariffs cloud the outlook.

Associated Construction Contractors of New Jersey’s Fall 2025 Convention
Sep 29, 2025

NJ construction outlook strong as spending rebounds

During ACCNJ’s Fall Convention, economist Jeffrey Otteau forecast rising spending, stronger commercial real estate activity and labor market challenges.