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25 Richest Billionaires in Construction and Engineering Industry

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FMI forecasts construction boom in 2023

FMI
While there’s no big upswing in the construction economy this year, there is at least forward progress, according to FMI’s 2021 Engineering and Construction Third Quarter Outlook report. Given a contentious election and pandemic, any progress is probably a good thing.
And for transportation construction, the outlook turns especially bright after 2022.
According to the report, total engineering and construction spending for the U.S. is forecast to end 2021 up 2%, compared to up 5% in 2020.
Investment in residential, especially single-family homebuilding and remodeling, is the primary driver in construction spending. Water supply is the only non-residential segment anticipated to grow vigorously this year with a likely gain of five percent. ....

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FMI: Construction Moves Forward, Expect 2023 Boom

FMI: Construction Moves Forward, Expect 2023 Boom
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FMI Releases 2021 Engineering and Construction Industry Overview

FMI Releases 2021 Engineering and Construction Industry Overview
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RALEIGH, N.C., Feb. 1, 2021 /PRNewswire/ FMI Corporation, the leading provider of consulting and investment banking services to the built environment, released the 2021 Engineering and Construction Industry Overview. The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U.S. and Canada for 2021 and the next three years.
(PRNewsfoto/FMI Corporation)
The introduction by FMI CEO Chris Daum offers insights into how companies can find opportunities amid continued uncertainty surrounding the COVID-19 pandemic, turmoil from the U.S. political climate and market uncertainty. While many companies continue to deal with challenges, those who remain nimble, closely examine geographies where they operate and remain true to their competitive advantages will be positioned for growth. ....

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