Industry Executives Confident That the Boom Will Continue

摘要

The construction market currently is as robust as it has been in a decade, and it seems the near-term prospects continue to be positive. However, many construction executives are beginning to worry that the long-term market and business prospects may not be as rosy. The near-term optimism, blunted by a longer-term market concern, can be seen in the results of the ENR Construction Industry Confidence Index survey. The CICI rose two points, to 73, in the first quarter. Of the 281 executives of large construction and design firms responding to the survey, most believe market growth will continue at least through the end of 2018.But beyond that, the execs are less optimistic. For example, only 11 % think it will be in decline in 12 to 18 months, compared with 37% who say it still will be in growth mode. But in three years, 29% expect a market decline, compared with 23% who believe it still will be growing.