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CPIP To Top $1 Trillion in 2015

from FMI

$1.04 trillion will be the value of construction put in place (CPIP) when 2015 comes to a close. So says engineering-and-construction-industry management-services provider FMI in its 2015 U.S. Markets Construction Overview. A few highlights:
  • North America's oil and gas industry will drive industrial-market growth, but could drain resources from other sectors.
  • Attracting and retaining personnel at all levels will remain a primary challenge; ever-more aggressive recruiting will occur.
  • Widespread Baby-Boomer retirements will make leadership planning/development even more essential.
  • Finding funding for essential "heavy-civil" projects will continue to be a challenge, especially for state and local governments.

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