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With demand swelling for new offices, hotels and retail stores, as well as health care and educational facilities, IBISWorld has identified several markets within the construction sector in which prices are forecast to grow more rapidly than the national inflation rate this year. For example, the price of plastering and drywall services is forecast to jump 7.7 percent in 2016. Additionally, prices for painting services are anticipated to increase 5.9 percent, and prices for landscape architecture and design services are expected to escalate 3.4 percent. 

Higher prices for raw inputs such as gypsum building materials, coatings and paint will further propel price growth for construction services as suppliers seek to compensate for heightened purchase costs.

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