Raleigh, NC JULY 28, 2016 – FMI’s forecast for the second quarter has not changed much from our first quarter report with growth for construction put in place expected to be 6%, although we have adjusted total residential down a bit and nonresidential construction up. The largest growth markets are lodging (14%), office (11%) and commercial (8%); together these three markets represent 33%…
Raleigh, North Carolina – June 15, 2016. FMI Corporation, the leading provider of management consulting and investment banking services to the engineering and construction industry, is pleased to announce the release of its second FMI Quarterly issue for 2016. The publication (co-sponsored by Zurich) comprises a collection of industry insights and strategies focused on how engineering and…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Newcomb and Company, a leading full service commercial mechanical contractor headquartered in Raleigh, NC by EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, industrial and energy infrastructure, and facilities services for a diverse range of…
Raleigh, NC, May 20, 2016 The NRCI index for the second quarter bounced back from 55.6 in the first quarter to a current 61.3. That is a solid recovery, and almost every component of the NRCI moved in a positive direction this quarter. The main exceptions are the costs of labor and construction materials, which are holding down the rise in the NRCI score. Also worth noting, the three-year…
Updated: FMI Forecasts 6 Percent Growth in Construction for 2016 Raleigh, N.C. April 14, 2016- Construction had a busy year in 2015, adding 11% growth to reach nearly $1.1 trillion in construction put in place. In current dollars, that is the highest total since 2008 and the highest growth rate since 2005. Signs that the rate of growth for the industry is slowing have caused us to forecast a…
FMI Releases Quarterly Publication: The Talent Challenge – Winning in the New Reality Raleigh, North Carolina – March 22nd, 2016. FMI Corporation, the leading provider of management consulting, investment banking and people development services to the engineering and construction industry, is pleased to announce the release of its first Quarterly issue for 2016. The publication…
Raleigh, NC March 2, 2016 – FMI is pleased to announce that we have collaborated with Wynford Group in order for our clients to have access to Canadian National Construction Survey Data. Currently FMI only surveys companies in the U.S. By collaborating with The Wynford Group, clients are able to leverage survey data across North America bringing value to all E&C businesses of all sizes.…
Raleigh, NC, February 18, 2016 The NRCI index for the first quarter 2016 dropped 3.9 points to 55.6. That is the third consecutive quarter that the NRCI has dropped since reaching 64.9 in the second quarter of 2015. An index number of 55.6 by itself is an indication of growth, albeit slower growth. The last time the NRCI was in that range was the fourth quarter of 2012, and the index began to…
Raleigh, NC January 13, 2016 – FMI reports that construction put in place will exceed earlier forecasts to end the year up around 10%. Construction growth will slow to 8% in 2016, but will still be well ahead of GDP according to the Q4 FMI Construction Outlook released today. Construction in 2016 is expected to reach $1.14 trillion in 2016, the highest total since 2007, unadjusted for…
