In its 2015 U.S. Markets Construction Overview, FMI predicts 2014 will end with approximately 7 percent growth in construction put in place, and this rate of growth is expected to continue with $1.04 trillion total construction put in place in 2015.

Key findings from the overview include:
  • The North American oil and gas industry is driving growth in the industrial market, but could be draining talent and resources from other sectors.
  • Finding and retaining effective leaders, craft professionals and workers remains a challenge, with the marketplace seeking solutions through increased productivity, improved business practices, aggressive recruiting and succession planning.
  • Funding for heavy civil projects will continue to be challenging.
For more information, visit fminet.com/research/research-solutions/forecasting.