2021 CIRT Sentiment Index: First Quarter Report

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2017 FMI/BIMForum Prefabrication Survey
The construction industry is back on track since the Great Recession, and total construction employment has rebounded to almost 6.7 million workers (still a far cry from its peak of 8 million workers in 2006). “Construction spending in November 2016 hit a 10-year high, with one-month and year-over-year increases in all major segments,” says Ken Simonson, chief economist at Associated General Contractors of America. “Looking ahead, contractors say they expect more work in every category in 2017 than in 2016.”
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