An FMI Corp. report based on a national survey of nearly 400 individuals in the construction industry—half born between 1980 and 2000—contends that millennials are dedicated and loyal to their employers and, in terms of career aspirations, attitudes and goals, share similar values with Baby Boomers and Generation Xers.
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Survey: Company vision, work-life balance draw millennials to construction
Sources: FMI Corp., Raleigh, N.C.; CP staff
A report based on a national survey of nearly 400 individuals in the construction industry—half born between 1980 and 2000—contends that millennials are dedicated and loyal to their employers and, in terms of career aspirations, attitudes and goals, share similar values with the groups ahead of them in the workforce, Baby Boomers and Generation Xers.
Read MoreIndex affirms strong underpinnings for nonresidential market
Sources: FMI Corp., Raleigh, N.C.; CP staff
Except for the hint of a slight decline indicated at mid-year, commercial, industrial and institutional building activity continues at a steady pace, according to the Nonresidential Construction Index Report (NRCI) for Q3 2015. Prepared by management consultant FMI, the index reflects sentiments of construction executives nationwide.
Read MoreForecaster sees modest growth rate across key construction sectors
Source: FMI Corp., Raleigh, N.C.
Construction activity in 2015 is expected to grow at 5 percent, leveling off from the previous forecast of 8 percent in the first quarter of 2015, according to the Q2 Construction Outlook from lead management consultant FMI. “Construction spending continues to build on the rapid growth experienced in the industry last year,” says Senior Managing Director and President of Investment Banking Chris Daum. Although the Q2 Outlook is lower than last quarter’s, he adds, it still finds 2015 logging the highest total for construction put in place since 2008.
Read MoreLead forecaster: Infrastructure, housing, producer consolidation key to 2015
Construction- and engineering-geared management consultant FMI Corp. views increased infrastructure spending levels, continued housing activity growth and accelerated market consolidation as linchpins to a successful year. In its U.S. Markets Construction Overview 2015 report, the firm observes:
Lead forecaster: Infrastructure, housing, producer consolidation key to 2015
Sources: FMI Corp., Raleigh, N.C.; CP staff
Construction- and engineering-geared management consultant FMI views increased infrastructure spending levels, continued housing activity growth and accelerated market consolidation as linchpins to a successful year. In its U.S. Markets Construction Overview 2015 report, the firm observes:
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