Economists discuss present and future indicators for sector performance
December 7, 2015
ABC chief economist Anirban Basu, AIA chief economist Kermit Baker, and NAHB chief economist David Crowe predicted continued construction industry growth in 2016 during a joint economic Web forecast.
Will provide mid-market businesses with foundation to maximize growth
December 4, 2015
FMI Corp., a leading provider of management consulting, investment banking, and leader development services to the engineering and construction (E&C) industry, and Results Canada, an advisor to Canadian emerging growth firms, have announced the launch of FMI Results.
US construction market to grow faster than China over next 15 years
December 2, 2015
A new report, “Global Construction 2030,” forecasts that the volume of construction output will grow by 85 percent to $15.5 trillion worldwide by 2030, with three countries — China, the U.S., and India — leading the way and accounting for 57 percent of all global growth.
Social platform provides members of the industry a professional space to connect
November 19, 2015
BuildBoom, a construction social network has officially launched its public invitation beta with a general public date of Nov. 25, 2015. The social platform is designed to provide members of the industry a professional space to connect and create communities around projects.
Forecast based on survey of 49 top industry economists and analysts
November 16, 2015
Compared to the previous forecast conducted in April 2015, the new Consensus Forecast is slightly less bullish in its outlook; however, it predicts three more years of favorable real estate conditions.
Enforcement of Confined Spaces in Construction Standard to begin in January
November 2, 2015
Although the ruling went into effect Aug. 3, 2015, OSHA has agreed to refrain from issuing citations to any employer that is making good-faith efforts to comply with the standard.
Non-adoption of BIM could hinder the UK construction sector over the next year, according to research
September 21, 2015
BSRIA is concerned that three quarters of surveyors believe non-adoption of building information modeling (BIM) could seriously hinder the United Kingdom construction sector over the next year, according to research published by the Royal Institution of Chartered Surveyors (RICS).
After years of growth, multifamily housing sector showing signs of slowing
August 10, 2015
Paced by continued demand for projects such as new education and health care facilities, public safety, and government buildings, the Architecture Billings Index (ABI) increased in June following fluctuations earlier this year.
The outlook still reports the highest total for construction put in place since 2008
June 25, 2015
Construction activities are expected to grow at 5 percent in 2015, levelling off from the previous forecast of 8 percent in Q1 2015, according to the Q2 Construction Outlook released by FMI Corp.
The process of obtaining contract bonds for the first time can be confusing, while mistakes or misunderstandings can lead to serious problems. That’s why it’s vital to ensure you and your contracting firm have a solid grasp of all of the ins and outs of the process before you get started.