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The Official Publication
of the Mason Contractors
Association of America
Digital Innovation to Slow Construction Forecast
FMI, a provider of management consulting and investment banking to the engineering and construction industry, releases its Q2-2014 Construction Outlook. The forecast shows cautiously optimistic growth, as the forecast has been lowered a percent since the Q1-2014 Outlook. Construction-put-in-place for 2014 is now predicted to increase 7 percent over 2013 levels.
One reason for the prediction, is the growth of the digital world. With e-commerce becoming a larger market, especially in the retail and educational industries, brick and mortar will inevitably grow at a slower rate. This trend also is slowly affecting office, travel, recreation and even health care, as more time is spent online.
Select market predictions include:
|Last Updated on Friday, 06 June 2014 15:16|