Jonathan Keller

Revenue reaches a third consecutive year of double-digit growth with a focus on teamwork, recruitment and retention.

Even before projects reach the shovel-ready phase, a “business as usual” mindset can stunt sustainability goals, says John Delaney, sustainability director at Beyer Blinder Belle Architects & Planners.

Although CFMA CFOs see a brighter outlook for 2025.

Revenue for the Top 250 International Contractors is at its highest since 2015, rising to $499.7 billion last year.

Project goals can be a moving target amid intensifying inflation, climate change and supply chain disruptions roiling the global marketplace, say this year’s Top 225 International Design Firms.

The results of this quarter’s Construction Industry Confidence Index survey show a dip in confidence among construction industry executives.

In response to ongoing labor challenges across the AEC industry, ENR Top 100 Professional Services Firms are reconfiguring operations to recruit helping hands where they need it most.

<p>Contractor revenue rises, but firms say higher risks and longer lead times are driving more investment in preconstruction.</p><br>

<p>Commentary from the Top 500 Design Firms in 2024 reveals a shift in the use of artificial intelligence to complement design services.</p>

<p>For the first time since Q1 of 2022, construction industry executives report a stable and slightly growing market on ENR’s Construction Industry Confidence Index (CICI) survey. </p>

<p>Situated centrally between 13 active operating rooms, this project’s work site proved to be its most complex challenge, says Sourabh Sinha, project manager at NJRA Architects.</p>

<p>Despite a surprisingly strong economy, construction industry executives report that they enter 2024 with much of the same trepidation they faced at the start of 2023.</p>

<p>In comments about the market’s most pressing challenges, Top 600 Specialty Contractors are widely optimistic that the worst of pandemic-induced delays are done—buttressed by another year of double-digit revenue growth for listed firms.</p>

<p>ENR’s Construction Industry Confidence Index rose this quarter to its highest rating since Q1 of 2022, up six points to a nearly stable 46 rating.</p>

Green building revenue jumped in 2022 with more projects seeking third-party sustainability certifications. Federal spending and new carbon-cutting standards helped advance climate-friendly design, but Top 100 Green Design and Contracting firms say greater isn’t always greener when it comes to environmental impact.

<p>Top 250 ranked firms clinch a banner year of revenue growth but must wager experience against market risks as geopolitics and global priorities shift. </p>

How can owners prepare for uncertainty? Per this year’s top professional services firms, the answer is early and often. As interest rate hikes slow market inflation, more owners turn to third-party managers to weigh project costs and seek savings.

Inflated costs, crunched schedules and materials delays are driving a greater interest in alternative project delivery methods, firms say—which is reflected in last year’s rise in design-build and construction management-at-risk revenue.

With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.

The recession that many economists are predicting has not yet come to pass, but construction industry executives foresee a shrinking market in 2023.