Monthly Archives: November 2013
Posted on November 20, 2013 by FMI CorporationCapitalize on Market Information By Kevin Haynes The importance of market information and data has always been significant. However, when times are difficult, such as the Great Recession when total construction spending in the U.S. decreased by roughly 35%, market research becomes even more important. Most successful companies in the design and construction industry are constantly monitoring the market and staying abreast of the most recent trends. They try to best prepare for what the future will look like in the market and how the company will compete. The opposite approach is a company that has been focused relentlessly on surviving and potentially ignoring issues that could cripple its chances for long-term success.
This post was posted in Research and was tagged with A/E/C blog, FMI Corporation, construction industry market research, construction trends research, 4-C Approach, FMI’s Nonresidential Construction Index 2013 Q4
Posted on November 7, 2013 by FMI CorporationFMI’s 2013 Prefabrication and Modularization in Construction Survey By Ethan Cowles According to FMI’s 2013 Prefabrication and Modularization in Construction Survey, only 40% of all contractors responding consider their capabilities in prefabrication and modular construction as a part of their company’s strategic initiative. Although the use of prefabrication for some project assemblies is not new, the amount of use and the move in some sectors to using more modular construction in a multitrade environment is a growing trend. It is a trend, we believe, that will continue to grow. A few of the driving forces include:
This post was posted in Consulting, Research and was tagged with A/E/C blog, FMI Corporation, A/E/C industry trends, prefabrication and modularization, modular construction, partnering in construction