construction outlook
Forecasting future construction challenges
As the U.S. enters a technical recession, the nation’s long-term construction outlook is positive yet entails a number of headwinds. Anirban Basu of the Associated Builders & Contractors explains. Keep Reading
Housing cycle may have peaked this year
Of the three major building segments, housing should have the best outlook since we have growing employment, low interest rates and growing household formation. Keep Reading
Report: Construction starts to increase 5 percent in 2017
Total U.S. construction starts for 2017 will advance 5 percent to $713 billion, says Dodge Data & Analytics in its 2017 Dodge Construction Outlook. Keep Reading
FMI predicts 8 percent construction growth in 2015
FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The sectors expected to experience the highest growth… Keep Reading
FMI cautiously optimistic on construction growth
FMI says e-commerce is affecting construction growth, according to its latest construction outlook. The company’s Construction Outlook Report Q2 2014 shows cautiously optimistic growth, as the forecast has been lowered a percent since the Q1 2014 report. FMI now predicts… Keep Reading
Notes about highway funding
In its Q1-2014 Construction Outlook Report, FMI forecasts a modest 1 percent increase in highway and street construction for 2014 to $82.2 billion. The company says, "Public-private-partnerships still hold out hope for projects that can generate revenue from usage fees,… Keep Reading
Nonresidential construction index at its highest point ever
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its 2014 First Quarter Nonresidential Construction Index (NRCI) report. The NRCI showed a 7.5-point increase since the last quarter, as well as a 6.8-point… Keep Reading
FMI releases fourth quarter construction outlook
FMI’s Construction Outlook for the fourth quarter of 2013 is now available, and the forecast is good. The company, which provides management consulting and investment banking to the engineering and construction industry, predicts 2013 to end with 7 percent growth… Keep Reading
2014 State of the Industry
The industry is optimistic heading into the new year, and efforts are underway to lobby for an improved highway bill. Although the divide between the nation’s infrastructure needs and the funds available continues to widen, the overall economy is continuing… Keep Reading