In this paper, we present FMI’s latest market forecast on megaprojects, share insights from industry leaders on five key ingredients that drive successful megaprojects, and offer questions and recommendations around how to change the name of the game.
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2019 has been an interesting year thus far for the construction materials (CM) industry, from both a performance and M&A perspective. FMI’s Construction Materials Index (CMI) has slightly outperformed the major indexes year to date, after suffering sharp valuation declines in the second half of 2018.
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Economic signals are telling us that we’re near the top of the construction cycle. This means that the next five years will look very different than the last five years, which were characterized by full work pipelines and healthy growth in both the commercial and residential construction sectors.
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FMI’s latest North American megaproject market forecast, including a comprehensive overview of historical and planned activity shown by construction segment and geographic region.
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The third quarter 2019 CIRT Sentiment Index indicated a slight decrease versus a more significant downturn in the Design Index when compared with the second quarter.
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In today’s business world, coaching has become a cornerstone of leadership development, particularly for executives. Not only can coaching be a transformative process for personal and professional awareness, discovery and growth, but also it offers the opportunity for executives to uncover their blind spots, improve leadership skills and achieve real business results.
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Looking to the near future, we expect M&A activity to remain strong but likely to return to more regular levels in 2019 and beyond. In this year’s survey, nearly 60% of all respondents indicated that acquisitions were a part of their current strategy—down from 70% in last year’s survey.
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This year’s report provides fresh insights into contractors’ perceptions of current and future risks and reveals how companies are managing risk differently compared to three years ago when AGC and FMI first surveyed the industry.
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Looking back, 2018 was a “tale of two halves” for the construction materials (CM) sector both for performance and M&A activity.
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This report provides an overview of North America’s growing design-build market and a look at why many project owners are transitioning to this popular project delivery method.
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