Related Links: View Complete Report with Data and Analysis (pdf) Construction Financial Management Association For many in the industry, the construction market seems to have stabilized and is beginning to show signs of life. However, there are concerns among owners, both public and private, about the availability of funds to launch new capital programs. So the construction industry believes that any significant rebound will not come until 2013.The most recent ENR Construction Industry Confidence Index survey shows the industry's guarded optimism. The second-quarter 2012 CICI fell two points from the first quarter to 56 on a scale of 100. (A
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.