T
hrough a detailed analysis from over 1,300 respondents,
these exclusive reports uncovers unique insights into the
ever-changing world of the construction and service industries. Respondents were surveyed on questions pertaining to their business outlook, predicted future costs, as well as forecasted sales and revenue. The goal of the survey was to gain a better understanding of how the industry is growing, changing and evolving. The study was broken down into four industry reports: Mechanical, Electrical, General Contracting and Design-Build. Results from each were compared and contrasted with the industry average.
Download the Outlook to learn more about:
The Future of the Construction Industry
w The current state of the industry and its overall trajectory
w Tips, tricks and best practices from successful businesses.
w Strategies for controlling costs and maximizing revenue.
w Unique insight into the industry as it compares to others
…and more!
SPONSORED BY
MECHANICAL
ELECTRICAL
DESIGN BUILD
GENERAL CONTRACTORS
w Investments in IT are made much later than the industry
w Medium size businesses experience 23% drop in optimism
w Small businesses rely on the subcontractors
DID YOU KNOW THAT:
ELECTRICAL
CONTRACTING
w Small businesses seeking the most
cost savings
w 75% foreseeing increase in sales volume
w Rise in IT expenses for large businesses
w Small businesses are 3X more pessimistic
w 3/4 businesses are increasing salaries
& wages
w Technology plays a larger role for large businesses
DID YOU KNOW THAT:
GENERAL
CONTRACTING
DID YOU KNOW THAT:
MECHANICAL
CONTRACTING
DID YOU KNOW THAT:
DESIGN BUILD
CONTRACTING
w The $25-50 million range is the most successful
w Design-Builders are charging higher premiums
w Specialized staff are driving salaries & wages up
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