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Tag: FMI
ConExpo-Con/Agg
Check out these ConExpo 2020 educational sessions for equipment managers
The ConExpo-Con/Agg 2020 will offer 18 education sessions for the Equipment Management & Maintenance track. Details here on Equipment World.
November 21, 2019
Business
Nonresidential construction starts fall 19.5% during July as builder outlook shrinks due to increased labor, materials costs
Following an “exceptionally strong” June, the dollar value of nonresidential construction starts fell 19.5 percent during July, according to data gathered by Reed Construction Data. “A surge of project authorizations at the beginning of summer has been followed by a significant retreat,” says Reed chief economist Alex Carrick. “The latest month was a return to […]
August 20, 2014
Business
Construction expected to grow 8% this year with “groundhog”-like growth from nonresidential
Construction industry consultant FMI has released what it calls a “cautiously optimistic” outlook for the industry in 2014 in its latest quarterly report. The report predicts construction put-in-place to grow 8 percent this year and for the next few years. “Just like the spring, despite all odds and nasty economic weather, the nation needs to […]
March 27, 2014
Business
FMI nonresidential construction index reaches highest score to date
FMI’s first quarter Nonresidential Construction Index came in at 64.9 points, showing a 7.5 point increase from the fourth quarter 2013 index, as well as a 6.8 point increase from the first quarter of last year. It’s also the highest NRCI score to date. Industry consultant FMI says nearly half of panelists in the index […]
February 20, 2014
Business
How 5 construction companies are passing the baton to the next generation
[Editor’s Note: This is Part Two in a four-part series chronicling the stories of contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] [Editor’s Note II: The names in the article below have been changed due to the personal nature of […]
February 4, 2014
Business
How to choose who to sell your construction company to and when
[Editor’s Note: This is Part Four in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] Stever Robbins, executive coach with Stever Robbins Incorporated, says assuming you’ll pass your business along to your […]
February 4, 2014
Business
When selling your construction company is the best option
[Editor’s Note: This is Part Three in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] If you’re in the market to sell your business, you may be in luck, especially if […]
February 4, 2014
Business
How 2 construction companies (one large, one small) decided to close their doors
[Editor’s Note: This is Part One in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] Keith Andrews, president, RaCON Incorporated, looks at his nearly empty equipment yard from the driver’s seat […]
February 3, 2014
Business
SPECIAL REPORT: The Future of Your Construction Company. How and when to walk away.
In the wake of the Great Recession, many baby boomer contractors are planning their business’s futures. Specifically, is this the end? And if so, should I sell? Liquidate? Pass it on? Even if the end isn’t in your near future, our four-part Special Report will get you well in the way to forming a sensible […]
February 3, 2014
Business
Slumping productivity, political football drive down Q4 Nonresidential Construction Index
For the first time in five months, two of which brought its highest marks ever, FMI’s Nonresidential Construction Index (NRCI) fell 2.9 points in the fourth quarter to 57.4. The good news is that despite the drop from last quarter, any mark above 50 on the index indicates growth and this quarter is still 1.9 […]
December 4, 2013
Business
Survey says more than half of construction companies affected by skilled worker shortage, details how they’re coping
At this point, it would be quicker to list the number of cities that haven’t reported construction projects being impacted by the skilled worker shortage than the ones that have. In the past year alone we’ve reports from Houston, Minnesota, Louisiana, Phoenix, Wisconsin, Michigan and California, just to name, well, several. It’s everywhere. Back in […]
November 20, 2013
Business
Forecast for U.S. construction value at year’s end dropped due to 3 political uncertainties
Citing three different political situations it expects to cause continued shifting in construction markets, FMI has again revised downward its forecast for overall construction value. FMI, a management consulting and investment banking provider for the engineering and construction industry, dropped its forecast for the U.S. value of construction-put-in-place to end at $909 billion this year. That’s […]
September 23, 2013
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