Monthly Archives: May 2012
Posted on May 30, 2012 by FMI CorporationFMI’s Second Quarter NRCI, 2012 By Randy Giggard The NRCI index moved up slightly to 59.8, our highest score since its inception. Confidence among panelists in the nonresidential sector continues slowly to improve even though backlogs remain about the same at a median of eight months. Productivity improved slightly, while labor and materials costs continue to increase, thus holding down the NRCI. With the exception of education construction, markets over the next quarter are expected to improve slightly, but it will be hard to see this as a turnaround for at least another year. However, it is an election year.
Posted on May 17, 2012 by FMI CorporationInnovation: Fostering Creativity in the Construction Industry By Jim Schug A national civil contractor suggested, “There are no changes or improvements in this industry. The companies are using the same equipment and techniques as they always have since the plow and steamer.” In fact, quite the opposite is true – in the same sector of our industry, huge productivity advancements in telematics and auto-grade features have revolutionized pushing dirt to an almost manufacturing-like precision. While none of it is perfect technology, many contractors are enjoying huge productivity gains because of early and effective adoption of these powerful tools.
This post was posted in Consulting and was tagged with construction industry blog, A/E/C blog, FMI Corporation, Innovation Construction Industry, Creativity Construction Industry, Strategic innovation, operational innovation, tactical innovation
Posted on May 1, 2012 by FMI CorporationHealth Care Construction Market Trends By Kevin Haynes Between 2012 and 2015, the U.S. health care construction market is forecast to grow by more than 30% to reach $55 billion. During the last several years, our clients have frequently asked us to provide insight and analysis on this market. The graphic below shows where the projected demand will be most likely to occur by state. To create this map, the top 100 planned health care projects (by volume) across the country were segmented by location. As depicted in the graphic, the leading states for future hospital work include New York, California, Illinois, North Carolina and Texas. Leading States for Planned Health Care Construction Projects