Thinking about the first quarter of 2024, CIRT members recorded much stronger optimism across index components. The overall index score rose to 64.9 from 58.9 in the fourth quarter of 2023. The Design Index also increased sharply to 74.3 from 62.7.
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Understanding how top E&C executives view the outlook for construction and design can offer critical planning insights in 2024. Both the CIRT Sentiment and Design Indices fell in the fourth quarter, indicating top CEOs are tempering their outlooks for the near future.
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In 2019, Autodesk partnered with FMI to survey over 2,500 construction professionals worldwide. The study suggests that businesses and project teams can not only measure trust, but actively improve it. Construction firms can take proactive steps to build stronger relationships, deliver more certain outcomes and, ultimately, improve their profitability.
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Conducted with more than 700 industry representatives throughout the United States, Australia, the United Kingdom and Canada, this report looks at the major concerns firms are facing and how they are addressing them.
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Engineering and construction companies that don’t embrace the new norm of data-driven operations are likely to lose traction in the market and could become obsolete in the coming years. Is your organization ready to raise the bar and leverage big data and analytics in the future?
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What talent shortage? Tomorrow’s built environment could go “robotic” not only to gain efficiencies but also to solve the current and looming labor shortages in engineering and construction.
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The study, which was conducted in the fall and winter of 2017, sheds light on the current state of offsite construction in the U.S., explores owner organizations’ perceptions around benefits and impediments to offsite construction and associated organizational implications, and highlights industry success stories.
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