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    FMI Releases Annual U.S. Markets Construction Overview

    Dec. 11, 2012
    According to management consultant and investment banker to the engineering and construction industry FMI’s annual U.S. Markets Construction Overview, commercial-buildings, offices, manufacturing-facilities, communications-systems, and lodging construction put in place will perform at an average of 60 percent of 2008 levels—off by more than $115 billion—in 2013.

    According to management consultant and investment banker to the engineering and construction industry FMI’s annual U.S. Markets Construction Overview, commercial-buildings, offices, manufacturing-facilities, communications-systems, and lodging construction put in place (CPIP) will perform at an average of 60 percent of 2008 levels—off by more than $115 billion—in 2013.

    By 2016, the sectors are predicted to reach only 70 percent of 2008 CPIP.

    On the bright side, health-care CPIP is predicted to reach record levels by 2013. Additionally, education CPIP is expected to continue to rise, achieving 2008 numbers by 2016.

    The cost of the 2013 U.S. Markets Construction Overview is $135. To purchase a copy, click here.

    About the Author

    Scott Arnold | Executive Editor

    Described by a colleague as "a cyborg ... requir(ing) virtually no sleep, no time off, and bland nourishment that can be consumed while at his desk" who was sent "back from the future not to terminate anyone, but with the prime directive 'to edit dry technical copy' in order to save the world at a later date," Scott Arnold joined the editorial staff of HPAC Engineering in 1999. Prior to that, he worked as an editor for daily newspapers and a specialty-publications company. He has a bachelor's degree in journalism from Kent State University.