Domestic Revenue Plummets in 2003, While International Work Rises
Design-build has gained a strong foothold as a U.S. construction delivery method over the past decade. But with the domestic markets downturn in 2001, accelerated by the 9/11 terror attacks, design-builds meteoric rise has leveled off.
Revenue for the Top 100 Design-Build Firms dropped 12.2% overall in 2003, to $48.57 billion from $55.29 billion in 2002. Domestic design-build revenue fell even faster last year, 21.1%, to $32.51 billion from $41.23 billion in 2002. But a 14.2% hike in firms international revenue last year may offer solace.