Find a contractor Buyer's guide Partner with us
MCAA Logo
Log in Sign up Join Hi, there Account
2026 Midyear Registration is OPEN
Find a contractor Buyer's guide Partner
Log in Sign up Join Account

FMI releases Q4-2013 Construction Outlook report

Words: Sarah Al-mortajiFMI, a leading provider of management consulting and investment banking* to the engineering and construction industry, releases its Q4-2013 Construction Outlook. The forecast predicts 2013 to end with 7 percent growth for the construction industry as a whole. Final statistics for construction-put-In-place will be available April 2014.

Select market predictions include:
  • Residential — Forecasts show residential construction ending 2013 with 18 percent growth. Multifamily construction has been particularly strong in the past two years with growth of 48 percent in 2012 and 38 percent in 2013. With rents still high and household formations low, multifamily construction is expected to continue growing.
  • Power — After a booming return in 2012, power construction slowed to just 2 percent growth in 2013. However, the industry is expected to grow an additional 5 percent in 2014 to reach $101.4 billion.
  • Manufacturing — Growth in manufacturing construction will end around 4 percent for 2013. This upward trend will continue, reaching 6 percent or more starting in 2015.
  • Lodging — After several years of sharp decline during the recession, lodging construction continues its solid comeback in 2013, growing 18 percent. This sector is expected to grow another 10 percent in 2014. Improvement of existing properties will continue to be a focus for the industry.
  • Amusement and Recreation — The recent announcement of a $672 million stadium for the Atlanta Braves gives amusement and recreation construction a 2014 boost. Construction put in place for 2014 should reach $15.7 billion, with additional growth through 2017.
  • Transportation — Completed construction of transportation projects in 2013 is expected to end 12 percent above 2012 levels, with additional growth of 6 percent in 2014. The airline industry is expected to play a role in this growth. Airlines are now ordering a record number of new planes over the next decade.
To login and download a copy of the full report, click here.

* Investment banking services provided by FMI Capital Advisors, Inc., a registered broker-dealer and wholly owned subsidiary of FMI.
 0
Bonding with Masonry 2026: Q2
June 2026

This issue’s questions come from a Mason Contractor and an Engineer. What questions do you have? Send them to info@masonrymagazine.com, attention Technical Talk.

David Biggs
Bonding with Masonry
Read More
The Thirty-Year Mason: Ergonomics as a Retention Strategy
June 2026

In most industry circles, the conversation around the labor shortage follows a predictable script: How do we find the next generation of masons? While recruitment is vital, we often overlook the most valuable asset already on the job site: the experienced

Shayne Sanders
MAP Partner
Read More
Acme Brick Company Releases 2026 Pocket Guide to Brick Construction
June 2026

For more than four decades, all the basics of building with brick have come in a guide small enough to fit into a pocket. Acme Brick has just released a 2026 version of its Pocket Guide to Brick Construction. And yes, it’s still printed on paper just like

MAP Partner
Read More
Masonry in the Media: Casa Azul, Chapultepec Castle, & More
June 2026

A film’s settings can take viewers to new locations, all from the comfort of their own home. It immerses them in the scenes, whether they take place in an opera house in Brazil or a grand mansion in Mexico City. Explore how these Latin American masonry ma

Lily Burger
Masonry in the Media
Read More