RALEIGH, N.C. - FMI, a consulting and investment banking services for the construction industry, announces the release of its 2010 U.S. Markets Construction Overview, offering insight into some of the construction industry's most complex business challenges.
This year's Overview consists of three major pieces: a compilation of strategic issues in the current environment, important trends observed in 13 client groups served by FMI and the third quarter 2009 forecast.
A few highlights include:
- With slowing private markets, there will be increased demand for firms capable of performing large, complex projects.
- Expect more influx from Asia in the future, with particularly strong representation from Japan, China and India.
- Engineering firms will continue to integrate up and down the supply chain.
- 2010 will be a year of fundamental change for many markets and firms.
- The global trend of "sustainable" will move to "actively beneficial."
- Petrochemical, nuclear and utility markets are particularly attractive for specialty contractors.
FMI has published the U.S. Markets Construction Overview annually since 1985. The Overview includes a comprehensive report on vital put in place construction trends and forecasts the growth or decline in each market segment, noting both short-term and long-term considerations.
FMI is the largest provider of Management Consulting and Investment Banking to the worldwide construction industry.
Founded in 1953 by Dr. Emol A. Fails, FMI delivers innovative, customized solutions to contractors; architects and engineers; construction materials producers; manufacturers and suppliers of building materials and construction equipment; private owners, managers, and developers; residential builders; utility companies; surety companies and industry trade associations.
FMI creates value through enhanced performance of companies, teams and individuals and by mitigating risk. FMI is headquartered in Raleigh, N.C., and has offices in Denver, Phoenix and Tampa, Fla. For more information, visit www.fminet.com.