FMI Outlook

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Third Quarter 2017 Construction Outlook

Total construction spending put in place for the U.S. is forecast to end up 4% in 2017 compared to 2016.
Looking ahead to 2018, FMI continues to forecast a 5% increase in total construction spending over 2017.
The primary growth segments in 2018 are expected to include residential, commercial, lodging, office and manufacturing—all with forecast growth of 5% or more. Most other segments are likely to grow roughly with the rate of inflation and may therefore be considered stable. Sewage and waste and water supply are the only segments expected to decline in 2018.

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past outlooks

2019

FMI’s North American Engineering and Construction Outlook: Third Quarter 2019 Report

The Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada as well as information...

FMI’s North American Construction Outlook: Second Quarter 2019 Report

The Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada as well as information...

FMI’s North American Construction Outlook: First Quarter 2019 Report

The Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada as well as information...

2019 FMI Overview Featuring FMI’s latest forecast, the 2019 U.S. and Canada Construction Outlooks

Through 2019, FMI expects E&C spending to continue to grow at an anticipated 3% annual rate, with mostly positive, albeit moderately decelerating, growth rates...

2018

FMI’s Third Quarter 2018 Construction Outlook

FMI’s Construction Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies across North America, as well as information on key...

FMI’s Second Quarter 2018 Construction Outlook

FMI’s Construction Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies across North America, as well as information on key...

FMI’s First Quarter 2018 Construction Outlook

FMI’s Construction Outlook offers comprehensive construction forecasts for a broad range of market segments and geographies across North America, as well as information on key...

2018 FMI Overview, Featuring FMI’s Fourth Quarter Construction Outlook

FMI executives share their retrospectives on how 2017 shaped up for the engineering and construction (E&C) industry and discuss what’s ahead for the next...

2017

Third Quarter 2017 Construction Outlook

Total construction spending put in place for the U.S. is forecast to end up 4% in 2017 compared to 2016. Looking ahead to 2018,...

Second Quarter 2017 Construction Outlook

While there is some uncertainty as to growth in 2018 and beyond, it appears that, as we have been reporting, the industry will continue...

First Quarter 2017 Construction Outlook

With all the recent public discussion on infrastructure, we might expect that spending for highways and bridges, water supply, sewage and waste disposal, and...

U.S. Markets Construction Overview 2017

The election was a big point of uncertainty and contention. With that behind us, many of our clients are cautiously optimistic—if not even bullish—on...

2016

FMI’s 2016 Construction Outlook, Third Quarter Report

The construction industry has largely recovered from the recession, at least in terms of billions of dollars in construction put in place. Up until...

FMI’s 2016 Construction Outlook, Second Quarter Report

After a slow start to the year, the U.S. economy is picking up speed in the second quarter, with consumer spending continuing to rise...

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