The construction market currently is healthy and growing, and industry leaders are optimistic that it will continue to grow at least for another year. But while firms remain optimistic about the top line, there are growing concerns about whether the bottom line will continue to keep pace with the expanding market.
The near-term optimism can be seen in the results of the ENR Construction Industry Confidence Index survey. The CICI remained steady at 70 in the third quarter. Of the 191 executives of large construction and design firms responding to the survey, most believe market growth will continue at least until mid-2019.