2017 U.S. Markets Construction Overview
FMI executives share their perspectives on how 2016 shaped up for the engineering and construction (E&C) industry and give valuable insights into what’s ahead for 2017. The report includes FMI's sector outlooks and advice for how to focus on creating sustainable growth strategies.
If there’s one thing we all learned from the last recession, it’s that abandoning core and incumbent markets to chase the next best thing is not a sustainable growth strategy. Instead, preserve your core business and take advantage of any market opportunities that open up when your competitors get distracted by chasing the next big thing. Keep your core markets, core services and core capabilities very strong, and stay loyal to your key clients. It’s what you execute best on. Sustaining and expanding work with existing customers in known markets often leads to more stable business and better profits over time—regardless of external market dynamics.
