According to FMI’s U.S. Construction Outlook Third Quarter 2018 Report, total engineering and construction spending for the United States is forecast to be up 6 percent in 2018, compared to up 5 percent in 2017.
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FMI Reports on Managing Risk
Construction consultancy FMI issued a report on “Managing Risk in the Digital Age,” based on a survey of participants in the Associated General Contractors of America’s 2018 Surety Bonding and Risk Management Forum.
Read MoreConstruction Spending Predicted to Rise; Highways to Remain Flat
According to FMI’s First Quarter Construction Outlook Report, total engineering and construction spending for the United States is forecast to be 7 percent in 2018, compared to up 4 percent in 2017. Spending growth in 2018 is forecast to be led by residential and select nonresidential segments.
Read MoreNonresidential Construction Continues on Growth Path
The nonresidential construction sector continues to grow at a solid pace, reflecting 18 months of improving activity despite rising costs of construction materials and labor and a slight decline in regional economies where most construction activity is taking place, according to the FMI Nonresidential Construction Index Report (NRCI) for Q2 2015. The Index reflects the observations and sentiments of a…
Read MoreFMI: Construction Market Ready to Pop
Total construction put-in-place (CPIP) for 2015 is predicted to grow 8 percent according to the latest report from FMI. This supports earlier FMI predictions that CPIP will top $1 trillion in 2015, something the market has not seen since 2008. This indicates that the economy is on track for a resilient recovery.
Read MoreFMI Sees Three Keys to a Successful Construction Market
In it’s 2015 U.S. Markets Construction Overview, FMI predicts that the keys to a successful year for the construction-materials industry will depend upon:
Read MoreFMI Nonresidential Construction Index Rises
Nov. 21, 2014 – FMI’s Nonresidential Construction Index (NRCI) shows a slight increase from 62.5 in the third quarter to 62.8 in the fourth quarter of 2014. This is nearly 5.5 points ahead of fourth quarter 2013. An NRCI greater than 50 indicates improvement or expansion. There are many good reasons for optimism by NRCI survey respondents this quarter. The top-three are:…
Read MoreFMI Q3-2014 Outlook: Economy Improving Slowly
FMI released its Q3-2014 Construction Outlook. The forecast calls for solid, slow growth.
Read MoreNonresidential Construction Index Dips
August 20, 2014 – The failure of Congress to act on a highway bill is weighing heavily on the construction industry. FMI, a leading provider of management consulting and investment banking to the engineering and construction industry, released its 2014 Third Quarter Nonresidential Construction Index report. The NRCI shows a decrease of 3.3 points from Q2, but is still above the…
Read MoreDigital Innovation Slows Construction Forecast
FMI released its Q2-2014 Construction Outlook. The forecast shows cautiously optimistic growth, as the forecast has been lowered a percent since the Q1-2014 Outlook. Construction-put-in-place for 2014 is now predicted to increase 7 percent over 2013 levels. One reason for the prediction, is the growth of the digital world. With e-commerce becoming a larger market, especially in the retail and…
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