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FMI

FMI Releases 2025 Engineering and Construction Industry Overview and First Quarter Outlook

by FMI on January 30, 2025

FMI Corporation, a leading provider of consulting and investment banking services to the built environment, released the 2025 North American Engineering and Construction Industry Overview today. The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U.S. and Canada for 2025. FMI expects engineering and construction spending to end 2025 up 2%…

Topics: Business, Operations
2025 Outlook, FMI

FMI Releases 2024 3rd Quarter Civil Construction Confidence Report

by FMI on August 12, 2024

FMI recently released their 2024 third quarter Civil Infrastructure Construction Index (CICI). According to the management consulting firm, the CICI dropped almost six points in the second quarter, signaling a potential cool down in the civil infrastructure space. This quarter respondents said bid prices dropped while new competitors in their markets increased, indicating a tighter…

Topics: Business, Roads, Bridges and Highways
Civil, FMI, Infrastructure

FMI Releases 2024 North American Engineering and Construction Outlook: Third Quarter

by GroundBreak Carolinas Staff on July 25, 2024

FMI recently released its 2024 North American Engineering and Construction Outlook: Third Quarter. According to the report, total construction spending is expected to reach $2 trillion in 2024, a 5% increase over 2023. However, this signals a slowing growth trend, with future increases likely to stabilize from 3% to 5% over the next five years….

Topics: Business
Construction Outlook, FMI

FMI 2024 North American Engineering and Construction Overview: Second Quarter

by GroundBreak Carolinas Staff on April 25, 2024

FMI recently released their 2024 North American Engineering and Construction Overview: Second Quarter. According to the Outlook, engineering and construction spending is expected to end 2024 up 5%, but not all sectors will be the same. Manufacturing, lodging, and highway and street look poised for double-digit growth while those in the multifamily and commercial sectors…

Topics: Business
FMI, Outlook

FMI Announces Sale of Weeks Marine to Kiewit Corporation

by FMI Capital Advisors on January 12, 2023

FMI Capital Advisors is pleased to announce the sale of Weeks Marine, Inc. (Weeks), one of the largest marine, dredging and tunneling contractors in North America, to Kiewit Corporation (Kiewit). FMI Capital Advisors served as the exclusive financial advisor to Weeks for this transaction. “This acquisition offers substantial opportunities for both companies,” said Kiewit CEO…

Topics: Business
FMI, Kiewit, Week Marine

State of Global Preconstruction Report Released

by FMI on September 29, 2022

FMI Corporation, the leading provider of consulting and investment banking services to the built environment, in partnership with Procore Technologies, Inc. (Procore), today released The State of Global Preconstruction report. The report discusses the current environment for preconstruction and the characteristics of organizations that do it well, including what constitutes above-average preconstruction processes and the effects of efficient and…

Topics: Contracting, Featured
FMI, Preconstuction

FMI Releases 2022 Engineering and Construction Industry Overview and First Quarter Outlook

by FMI on January 26, 2022

FMI Corporation, the leading provider of consulting and investment banking services to the built environment, released the 2022 Engineering and Construction Industry Overview today. The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U.S. and Canada for 2022. Entering 2022, FMI expects construction spending to increase by 5%. But…

Topics: Business, Management
Construction, Economics, FMI

FMI Partners with the United States Minority Contractors Association (USMCA) to Help Improve Members’ Operations and Strategic Planning

by FMI on July 17, 2021

FMI Corporation, a leading consulting and investment banking firm serving the built environment, announces a strategic partnership with the U.S. Minority Contractors Association (USMCA), a nonprofit that helps and advocates for minority business owners, contractors and subcontractors. FMI will serve as a strategic partner and consultant to USMCA, helping the association expand member services and…

Topics: Business, Diversity & Inclusion
FMI, Minority Contractors

FMI Releases First Quarter Heavy Civil Construction Index

by FMI on February 17, 2021

FMI Corporation, a leading provider of consulting and investment banking services to the built environment, is pleased to announce the release of the first quarter 2021 Heavy Civil Construction Index (HCCI) report, which presents construction spending forecasts for transportation, highway and street construction segments. This quarter’s questions polled participants about capacity, backlog and hiring goals for 2021….

Topics: Accounting
FMI, Heavy Construction

2021 CIRT Sentiment Index: First Quarter Report

by Brian Strawberry and Emily Beardall, FMI on January 19, 2021

The first quarter of 2021 results show signs of stabilization and some amount of recovering confidence for both the Sentiment Index and the Design Index. The Sentiment Index increased slightly from last quarter, from 54.2 to 55.5, and the Design Index remained constant at 64.8. Both suggest continued and improving demand in the future. This…

Topics: Business
CIRT Sentiment Index, FMI

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