FMI Corporation, a leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of the fourth quarter 2019 CIRT Sentiment Index. The CIRT Sentiment Index is a survey, conducted quarterly by FMI, of members of the Construction Industry Round Table. The CIRT is composed exclusively of approximately 115-120 CEOs from the leading architectural, engineering and construction firms doing business in the United States. CIRT is an organization that is uniquely situated to represent the richly diverse and dynamic design/construction community. This quarter, the survey’s current issues questions address factors impacting business conditions in 2020.
Key findings from this quarter’s survey include:
- The fourth quarter of 2019 showed a pronounced decrease in the CIRT Sentiment Index as well as some decline in the Design Index
- Respondents believe that U.S. monetary policy, the results of the U.S. presidential and congressional elections, and private sector investments are the top three factors that could influence a positive economic climate
- Across the construction industry, respondents believe that industrial, transportation and public works sectors are showing the most promise long-term
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