2020 CIRT Sentiment Index: Third Quarter Report

The third quarter of 2020 experienced a return of optimism in both the overall Sentiment Index and in the Design Index segment when compared...

COVID-19 Compensation Impact Survey Results

There is rapid change occurring across the industry in response to the COVID-19 pandemic, some due to economic and regulatory influences and some resulting...

Leading Your People and Organization Through COVID-19 (Part 5)

Payroll budgets account for one of the largest company costs. In times like these, it is as important as ever to pay careful attention...

Leading Your People and Organization Through COVID-19 (Part 4)

The emergence of a global pandemic and its associated chaos has turned traditional board wisdom on its ear. Analysis, decision-making and action can no...

Leading Your People and Organization Through COVID-19 (Part 3)

In a span of mere weeks, the coronavirus has swept across the United States like a severe winter storm. This chilling disruptor has altered...

2020 CIRT Sentiment Index: Second Quarter Report

The second quarter of 2020 survey results suffered a significant tumble in both the CIRT Sentiment Index and the Design Index.

Leading Your People and Organization Through COVID-19 (Part 2)

An examination of what will be required to proactively restart projects impacted by COVID-19.

Downright Dangerous Decisions: Developing Strategy Amid Uncertainty

The velocity of change over the past few weeks has ushered in a sense of uncertainty about the future that few have experienced in...

Leading Your People and Organization Through COVID-19 (Part 1)

This article explores five key components of strong communication that will help leadership navigate the uncertainty and ensure a more well-positioned organization on the...

Leading Through Business Cycles: Lessons Learned From E&C Executives

In this report, we present results that we gathered from more than 150 engineering and construction (E&C) executives who shared their experiences and strategies...

Trust Matters: The High Cost of Low Trust

2020 FMI/Autodesk Industry Report In 2019, Autodesk partnered with FMI to survey over 2,500 construction professionals worldwide. Participants were asked to rank the level...

Q1 2020 Building Products Market Update

Building product and material manufacturers have an opportunity to be leaders in market-facing technology adoption and create stickiness and loyalty with their customers. Here’s...

2020 CIRT Sentiment Index: First Quarter Report

The CIRT Sentiment Index seeks to provide timely, authoritative, and forward looking insights into complex design and construction markets as well as a view...

Fleet in the C-Suite: The Strategic Implications of Equipment Management

At its core, the construction equipment fleet is meant to facilitate the building of projects. Yet, somewhere along the way, many in our industry...

Steady Sailing Through Uncharted Waters: A Look at 2019, 2020 and M&A Landscape for the Construction Materials Industry

While the CM Industry faced a stormy 2018, 2019 performance proved robust. FMI expects continued momentum, with limited visibility into the distant future.

2020 FMI/Procore Industry Report: Where Construction Firms Are Finding Value

Conducted with over 700 industry representatives throughout the United States, Australia, the United Kingdom, and Canada, this report looks at the major concerns firms...

2019 CIRT Sentiment Index: Fourth Quarter Report

The CIRT Sentiment Index seeks to provide timely, authoritative, and forward looking insights into complex design and construction markets as well as a view...

Construction Materials – Favorable Economics and Selective Buyers

While economic fundamentals are favorable, buyers of Construction Materials firms remain selective. If headlines are any metric, there is ample reason to be concerned...

Megaprojects: Changing the Conversation

In this paper, we present FMI’s latest market forecast on megaprojects, share insights from industry leaders on five key ingredients that drive successful megaprojects,...

Construction Materials Market Outlook Summer 2019

2019 has been an interesting year thus far for the Construction Materials (CM) industry, from both a performance and M&A perspective. FMI’s Construction Materials...

2019 Building Products Market Update

Economic signals are telling us that we’re near the top of the construction cycle. This means that the next five years will look very...

FMI North American Megaprojects 2019

FMI’s latest North American megaproject market forecast, including a comprehensive overview of historical and planned activity shown by construction segment and geographic region.

2019 CIRT Sentiment Index Third Quarter Report

The CIRT Sentiment Index seeks to provide timely, authoritative, and forward looking insights into complex design and construction markets as well as a view...

Executive Coaching: Driving Real Results for Leaders in the Built Environment

In today’s business world, coaching has become a cornerstone of leadership development, particularly for executives. Not only can coaching be a transformative process for...

FMI’s 2019 M&A Trends for Engineering and Construction

Looking to the near future, we expect M&A activity to remain strong but likely to return to more regular levels in 2019 and beyond....

Update on the Evolving E&C Risk Environment: The 2019 AGC/FMI Risk Management Survey

This year’s report provides fresh insights into contractors’ perceptions of current and future risks and reveals how companies are managing risk differently, compared to...

Understanding the Balance: An Analysis of the 2018 Construction Materials Market and M&A Expectations for 2019

Looking back, 2018 was a “tale of two halves” for the construction materials (CM) sector, both for performance and M&A activity.

The Growing World of Design-Build

An overview of North America’s growing design-build market and a look at why many project owners are transitioning to this popular project delivery method.

Big Data = Big Questions for the Engineering and Construction Industry

Engineering and construction companies that don’t embrace the new norm of data-driven operations are likely to lose traction in the market and could become...

The Untapped Potential of Corporate Governance in Engineering and Construction: 2018 FMI/CIRT Corporate Governance Study

FMI surveyed and/or interviewed 133 CIRT members who serve on boards to learn more about E&C corporate governance practices in North America. Participants represented...

FMI Study with AGC: Managing Risk in the Digital Age

FMI has once again collaborated with AGC’s Surety Bonding and Risk Management Forum to capture contractors’ perceptions of risk and opinions on how the...

Automation and Robotics: Rethinking Engineering and Construction Jobs

Approximately 50% of the current positions in the construction sector could be automated, and that’s a good thing. With disruptive changes to business models...

A New Era for Modular Design and Construction

While offsite construction—including prefabrication, modularization, preassembly or offsite multitrade fabrication—has been around for decades, it is emerging as a critical method for delivering projects...

FMI’s 2018 M&A Trends for Engineering and Construction

2017 was another active year for M&A activity in the engineering and construction industry. Based on our most recent survey, industry participants believe the...

2018 FMI/CURT/CII Owner Survey

The study, which was conducted in the fall and winter of 2017, sheds light on the current state of offsite construction in the U.S.,...

2018 FMI Overview

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 Talent Development Study

Findings from this year’s talent development study paint a mixed picture of how construction firms are addressing people development. In many cases, the topics...

Ownership Transfer and Management Succession: 2017 FMI Survey

For more than a decade, FMI has been surveying the construction industry to gain deep insight into current ownership transfer trends. In this year’s...

What to Do When Projects Go Bad, Part 3

In this final segment, we provide a practical framework for executives to work through the key issues impacting a project while also allowing project...

Leading Innovation: Insights From Industry Executives

FMI often hears stories about innovations and positive disruptions occurring in and around the engineering and construction industry. These new ideas are often associated...

FMI Insights: What to Do When Projects Go Bad, Part 2

When problems start to spiral out of control and project timelines and goals get derailed, it doesn’t usually take long for the finger-pointing to...

FMI Insights: What to Do When Projects Go Bad, Part 1

Even the most promising design and construction projects can get quickly sidelined by a few missteps, a couple of bad decisions, misaligned expectations between...

FMI’s 2017 M&A Trends for Engineering and Construction

This year FMI started what we hope becomes an annual survey of large E&C firms to assess their appetite for acquisitions in the next...

FMI Nonresidential Construction Index (NRCI)

Almost every component of the NRCI Index moved in a positive direction in the first quarter. This result for the beginning of 2017 is...

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...

2017 U.S. Markets Construction Overview

FMI executives share their retrospectives on how 2016 shaped up for the engineering and construction (E&C) industry and give valuable insights into what’s ahead...

Compensation Planning for Engineering and Construction Firms – 2016 Industry Survey

In today’s economic climate, finding and retaining employees is becoming increasingly challenging for U.S. engineering and construction (E&C) firms. The E&C industry is now...

AGC/FMI 2016 Risk Management Study

The construction industry has bounced back from the Great Recession and is currently one of the best-performing sectors within the U.S. economy. Though contractors...

FMI Insights: Three Ways to Keep Your Clients From Defecting to the Competition

In this article, we provide insight into customer loyalty in the construction industry and outline three successful strategies for turning passively satisfied clients into...

Millennials in Construction- Learning to Engage a New Workforce

2015 represents a milestone in the U.S. labor market. For the first time, millennials (individuals born between 1980 and 2000) will surpass the outsized...

2015 Talent Development Survey in the Construction Industry

It has been a long and arduous stretch, but we can say now that the Great Recession is a thing of the past for...

Midstream Oil and Gas Construction: Getting the Basics Right

The U.S. midstream oil and gas construction industry has experienced tremendous growth over the past decade, forcing industry stakeholders from across the nation to...

Adapting to the “New Normal” in Oil and Gas Construction

On February 24, President Obama vetoed legislation authorizing TransCanada’s Keystone XL pipeline. The 7-year regulatory saga is emblematic of the regulatory and public relations...

Skills Shortages in a Booming Market: The Big Oil and Gas Challenge

The strains on labor capacity in oil and gas construction markets worldwide are becoming increasingly well known. These strains continue to affect projected project...

Beyond Vertical Integration

For decades, mergers and acquisitions have shaped the design and construction industry’s business landscape. Through these mergers, companies have often achieved better economies of...

Redefining Leadership: Strategic Thinking in Today’s VUCA World

Leaders in the design and construction industry have long dealt with volatility, uncertainty, complexity and ambiguity (“VUCA”) on a daily basis. VUCA is part...

Loyal Employees, Loyal Clients: Building Your Business The Old-Fashioned Way In The New Cut-Throat Market

The Great Recession hit the design and construction industry hard. Many companies have gone out of business or trimmed back their operations to the...

Last Line of Defense: The Role of The Hotline in Ethics Programs

Ethics programs have been praised roundly for the effect they have had on the engineering and construction (E&C) industry, shoring up the reputation of...

Ethics Programs: Federal Imperative, Cultural Opportunity

When contractors speak of their success, they rarely mention ethics policies, though ethics has become a defining issue for the design and construction industry....

Visionaries: How today’s leaders are using future contingencies to plan strategically

“We didn’t see it coming.” For many firms, financial regulators and homeowners, the 2007 housing bubble and subsequent recession blind sided their confidence, cutting...