FMI
Serious reauthorization talks spiral into likely short-term extension
ISTEA. TEA-21. SAFETEA-LU. MAP-21. Now what? Uncertainty has surrounded the reauthorization of surface transportation funding before. But given the downward trend over the last 20 years in the length of reauthorization bills, plus considering the diminishing number of federal dollars… 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
More growth for nonresidential construction but industry still hesitant
FMI's Nonresidential Construction Index report for the second quarter of this year shows slight improvement in the nonresidential sector compared with the first quarter of this year, as well as the second quarter of last year. The index jumped 0.9… 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
Signs positive for growth in construction
FMI offered predictions for various construction markets this year upon releasing its Q1-2014 Construction Outlook. FMI predicts an 8 percent overall increase in construction-put-in-place for 2014, and the firm is anticipating continued growth over the next few years. Transportation, for… 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
Firm: Political infighting, uncertainty slowing nonresidential construction
FMI, a management consulting and investment-banking firm with an index that measures nonresidential construction growth, released its latest report that shows a 2.9-percent fourth-quarter drop for the category. FMI gave the fourth quarter a score of 57.4 on its Nonresidential… 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