FIND A CONTRACTOR BUYER'S GUIDE
BECOME AN INDUSTRY PARTNER
MCAA Logo
MEMBER LOGIN JOIN
NEWS
The 2026 MCAA Annual Online Auction ↗

FMI predicts U.S. construction put in place will reach $1,040 billion in 2015

Words: Sarah Al-mortajiFMI, the leading provider of management consulting, investment banking* and people development services to the engineering and construction industry, announces the release of its 2015 U.S. Markets Construction Overview. Researchers at FMI predict 2014 will end with approximately 7 percent growth in construction put in place. This rate of growth is expected to continue with a total CPIP of $1,040 billion in 2015.

The overview consists of three major sections: a synopsis of the key trends in the energy market and their widespread impact on the construction industry, important issues facing industry sectors and a highly detailed economic forecast by industry sector.

A few highlights include:
  • The booming oil and gas industry in North America is driving growth in the industrial market, but could be draining talent and resources from other sectors.
  • Finding and retaining effective leaders, executives, craftsmen and workers remains a primary challenge as the marketplace seeks solutions through increased productivity, improved business practices and aggressive recruiting.
  • The need for succession planning and a pipeline of future leaders is becoming ever more vital as baby boomers retire in large numbers.
  • Funding for needed heavy civil projects will continue to be challenging, especially for many state and local governments.
  • Capital expenditures are rising in some regions while lagging in others, but measurable movement is happening.
FMI publishes the U.S. Markets Construction Overview annually. To purchase a copy, click here.
 0
Vibing Masonry #10: Clay Brick Masonry Development from Ancient Roots to Future Innovation
February 2026

Clay brick, one of humanity’s oldest building materials, has shaped civilizations for millennia. Its inherent durability, versatility, and accessibility made it a basic component of architecture. The material's history is one of continuous technological i

Steve Blye
Technical Talks
Read More
Masonry in the Media: Fenway Park, Trim Castle, & More
February 2026

The settings of films influence the atmosphere of a scene and immerse the viewers in their movie-going experience. From Parisienne train stations to Boston baseball parks, these four masonry-made structures set the scene in the films they were featured in

Lily Burger
Masonry in the Media
Read More
2026 Masonry Hall Of Fame Nominations Are Open
February 2026

The Mason Contractors Association of America is now accepting nominations for the 2026 Masonry Hall of Fame, brought to you on behalf of the MCAA's Cornerstone Partners. Nominations will close on March 31, 2026.

Dan Kamys
News and Events
Read More
Outreach Outlook: Celebrating CTE Month and the Madness of Masonry
February 2026

As we settle into February, the masonry industry turns its focus to a celebration that lies at the very heart of our mission: National Career and Technical Education (CTE) Month. For the Outreach & Education Division, this isn't just a date on the calen

Robert Melgaard
Outreach Outlook
Read More