REVENUE ON THE RISE FOR REGIONAL FIRMS

摘要

Revenue for the top 50 firms on ENR New York's 2017 list of the largest regional contractors rose to $24 billion based on 2016 billings, up 14.3% from the previous year. In all, 63 firms were included on the current list with revenue in New York and New Jersey of $25 billion. The $11 billion in revenue for the top five firms is a 10% increase over what they reported the year before. Firms appear to have benefited as construction spending in New York City reached $42.4 billion in 2016, the highest level in decades, according to the New York Building Congress. The figure is up about $10 billion since 2014, although only 3% higher than 2015's $41.2 billion.