FMI announces the release of its 2015 U.S. Markets Construction Overview. FMI researchers 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 $1.04 trillion in 2015.

The overview consists of three sections: a synopsis of the key energy market trends impacting the construction industry, industry sector challenges and a detailed economic forecast.

A few highlights:

• The 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, craftsmen and workers remains achallenge, with the marketplace seeking solutions through increased productivity, improved business practices, aggressive recruiting and succession planning.
• Funding for needed heavy civil projects will continue to be challenging.

FMI publishes the U.S. Markets Construction Overview annually. To purchase a copy, visit
fminet.com/resources. In addition, each quarter FMI produces its Construction Outlook that supplements the Overview. If you would like to receive an electronic copy of the quarterly Construction Outlook, please email outlook@fminet.com.

For information on how the forecast and predictions are developed visit,
fminet.com/research/research-solutions/forecasting.