Put-in-Place Construction to Reach $1.04 Trillion in 2015

Words: Dan Kamys

Put-in-Place Construction to Reach $1.04 Trillion in 2015

FMI, an organization offering management consulting, investment banking and people development services to the engineering and construction industry, released its 2015 U.S. Markets Construction Overview. FMI researchers predict 2014 will end with about 7 percent growth in construction put in place. This rate of growth is expected to continue with a total CPIP of $1.04 trillion in 2015. This is great news for mason contractors.

The overview consists of three sections: a synopsis of the key energy market trends impacting the construction industry, industry sector challenges and a detailed economic forecast.

A few highlights:

  • The oil and gas industry in North America is driving growth in the industrial market, but could be draining talent and resources from other sectors.
  • Finding and retaining effective leaders, craftsmen and workers remains a challenge, with the marketplace seeking solutions through increased productivity, improved business practices, aggressive recruiting and succession planning.
  • Funding for needed heavy civil projects will continue to be challenging.

FMI publishes the U.S. Markets Construction Overview annually. To purchase a copy, visit fminet.com/resources. For more information about FMI’s Overview, please contact Sarah Avallone at 919.785.9221 or savallone@fminet.com.

GEN NXT: Mason Paolini
May 2026

This month, the MCAA got to talk with Mason Paolini, a mason who has a clear passion and talent for the trade he has such high praise for. Read about Mason’s story and why he sees a future in this industry. Mason Paolini’s career began with a simple desi

Justin Stengel
GEN NXT
Read More
Marvelous Masonry: Tianjin Zhongshuge Library
May 2026

It is not unusual today for masonry to be treated as a surface decision rather than a structural one. Too often, brick enters a project late in the process, trimmed back by budgets or reduced to a veneer once the “real” building work is finished. The Tian

Cass Stern
Marvelous Masonry
Read More
Fechino Files: Concrete Pavers around a Pool
May 2026

Many folks over the years have placed concrete pavers around their pool as a nice form of decorative pool deck. Early in the 2000’s, I took a class held by the Interlocking Concrete Paver Institute, then known as the ICPI. At the time I attended the class

Steven Fechino
Fechino Files
Read More
Chairman's Message: Staying the Course
May 2026

Spring is one of my favorite times of year. There’s energy in the air. Jobs are picking up. Crews are hitting their rhythm. Schedules are filling up. You can feel momentum building again. And every year around this time, I find myself thinking about con

Kent Huntley
Chairman’s Message
Read More