FMI, the leading provider of management consulting, investment banking* and people development services to the engineering and construction industry, announces the release of its 2015 U.S. Markets Construction Overview. FMI researchers predict 2014 will end with approximately 7 percent growth in construction put in place. This rate of growth is expected to continue with a total CPIP of $1.04 trillion in 2015.
The overview consists of three sections: a synopsis of the key energy market trends impacting the construction industry, industry sector challenges and a detailed economic forecast.
A few highlights:
- The oil and gas industry in North America is driving growth in the industrial market, but could be draining talent and resources from other sectors.
- Finding and retaining effective leaders, craftsmen and workers remains achallenge, with the marketplace seeking solutions through increased productivity, improved business practices, aggressive recruiting and succession planning.
- Funding for needed heavy civil projects will continue to be challenging.
FMI publishes the U.S. Markets Construction Overview annually. To purchase a copy, visit fminet.com/resources. Members of the media may request a complimentary PDF file of the Overview by clicking here. For more information about FMI’s Overview, please contact Sarah Avallone at 919.785.9221 or via email at [email protected].
In addition, each quarter FMI produces its Construction Outlook that supplements the Overview. If you would like to receive an electronic copy of the quarterly Construction Outlook, please email [email protected].
For information on how the forecast and predictions are developed visit, fminet.com/research/research-solutions/forecasting.
About FMI: FMI is the leading provider of management consulting, investment banking* and people development services to the engineering and construction industry. FMI services all segments of the industry providing clients with value-added business solutions, including:
- Strategic Advisory
- Market Research and Business Development
- Leadership and Talent Development
- Project and Process Improvement
- Mergers, Acquisitions and Financial Consulting*
- Compensation Benchmarking and Consulting
- Risk Management Consulting
Founded by Dr. Emol A. Fails in 1953, FMI has professionals in offices across the U.S. FMI delivers innovative, customized solutions to contractors; construction materials producers, manufacturers and suppliers of building materials and equipment, owners and developers, engineers and architects, utilities, and construction industry trade associations. FMI is an advisor you can count on to build and maintain a successful business, from your leadership to your site managers. For more information, visit www.fminet.com
*Investment banking services provided by FMI Capital Advisors, Inc., a registered broker-dealer and wholly owned subsidiary of FMI.