Forecasting

Features

Each standard Construction Market Forecast includes historical information on building permits and construction-put-in-place data provided by the U.S. Commerce Department. Forecasts include econometric and demographic relationships developed by FMI and FMI’s analysis and interpretation of current and expected social and economic conditions.

Basis

A report on publicly owned construction, similar in format to the standard Construction Market Forecast, covers only the United States.

Reports on state and federally financed highway construction are available for most counties or combinations of counties.

Custom reports on a wide variety of construction-related topics are available.

Other FMI Market Reports

Reports will be delivered in print or electronic form, in most major text or spreadsheet formats. Delivery time depends on the scope of the project, but is usually within five business days.

Benefits

Construction market forecasts can:

  • Supply the market-oriented, economy-driven dimension essential for preparing, implementing and monitoring strategic plans.
  • Be a significant aid in defining, targeting, implementing and monitoring other critical corporate decisions such as long- and short-term sales goals or redirecting resources on a geographic or product line.
  • Provide the basis for estimating sub-markets.
  • Provide the basis for comparing performance among markets.
  • Provide the basis for identifying activities that are beneficial or detrimental to performance.

Each standard construction market forecast includes:

  • Details on privately owned construction in five residential building, 15 nonresidential building and two nonbuilding categories.
  • A time span with the current year, eight previous years and five forecasted years.
  • Data on any county in the United States, or any combination of counties, metropolitan statistical areas, states, regions, etc., that you choose.
  • Construction values (in either current or constant 2006 dollars) and annual percentage changes.
  • Annual data on employment, population and income per capita.

For more information, contact Heather Jones at 919.785.9335 or Randy Giggard at 919.785.9268.


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