The construction market is cyclical, and industry leaders know this. It has grown during the past eight years, but there has been an underlying question of when the construction boom would end. Now, there is a growing sense that the market has one more good year of expansion, but that the end is near.
这种辞职情绪可以在ENR建筑行业信心指数调查的最新结果中看到。新利luckCICI在第四季度降至59，从第三季度调查下降了11分。在大型建筑和设计公司的250名高管中回应了调查，大多数人认为市场将在2019年底或2020年初开始下降。
This sense of an impending downturn doesn’t mean that the current market is softening. For example, only 7% of survey respondents believe the market is beginning to fall now, and only 8% say it will be in decline in three to six months. On the other hand, 31% believe the market will start shrinking in a 12-to-18-month timeframe, compared to only 18% who believe it will still be in a growth mode.
The CICI measures executive sentiment about the current market, where it will be in the next three to six months and over a 12- to 18-month period. A rating above 50 shows a growing market.
该指数基于对11月14日至12月14日至12月的调查的响应，以上10多个美国公司领先的一般承包商，分包商和设计公司的6000多家公司。新利luck
|
Related Link |
CFMA：CFOS准备遇到麻烦
Many in the industry are beginning to brace for a tougher market. The soon-to-be-released results of the latest Confindex survey from the Construction Financial Management Association, Princeton, N.J., show that CFOs are worried about the business of construction and the market.
Each quarter, CFMA polls 200 CFOs from general and civil contractors and subcontractors. The CFMA Confindex is based on four separate financial and market components, each rated on a scale of one to 200. A rating of 100 indicates a stable market; higher ratings show market growth is anticipated. “The Confindex fell from 123 in the previous quarter to 114 in the current quarter,” says Fern Orem, CFMA associate director, special projects.
所有四个主要的Confindex组件均占据市场下跌。“一般业务条件”组件下跌12分，至113;“财务状况”组件下降五点，至115;“当前条件”组分下降了九点，至121;而“前方前景”下降了八分，从114岁左右到105. orem指出，这是自2012年第四季度以来的最低总体联盟评级。
Rising costs are a major concern of Confindex survey respondents. “Some of our CFOs already have seen some deterioration of business conditions,” says Anirban Basu, CEO of economic consultant Sage Policy Group, Baltimore, and a CFMA economic adviser. He says that even though everybody is busy, margins are under siege from rising materials prices and labor costs.
根据Basu的说法，上升的成本导致承包商出价高于过去18luck.cub几年的投标。“这可能让客户更不愿意继续前进，这意味着更少的工作，”他说。18luck官网这种经济，价格上涨和需求开始导致“滞销”，斯巴州说。
The CICI survey has attempted to measure some of these costs of doing business. ENR asks whether CICI survey respondents are seeing upward price pressure on any materials or equipment. This quarter, 80.5% of respondents said they were seeing materials and equipment price increases. When asked what materials were experiencing price increases, steel was the top response, followed by concrete, copper and aluminum.
ENR’s CICI survey also looked at the issue of staffing, asking survey respondents whether they intended to add to staff in 2019 and, if so, what positions they would seek. Of the group, 75.5% said they did intend to hire additional personnel, while only 16.1% said they did not.
Project manager is the position being recruited by the most survey respondents. It was mentioned by 72 of the 192 firms answering that question. In addition, 18 firms said they were looking to hire “across the board.” Respondents also are seeking engineers (mentioned by 45 firms), estimators (33), skilled trades (32) and superintendents (25).
ENR also asked whether survey respondents planned to give raises, and the estimated level of salary increases. Of the 243 firms answering the question on salaries, 209 said they planned to award raises, and 32 said salaries would stay the same. Only two firms said pay cuts were being considered. Further, for the 199 respondents planning to give raises that disclosed the amount, the average planned pay hike was 4.55%.
One of the big issues for the industry is the political uncertainty in 2019. With the Democrats taking control of the House, firms are concerned about how political gridlock could affect the markets, particularly if federal infrastructure funding gets caught in the middle.
But Basu says that it is not all bad news. “The Federal Reserve might decide not to raise interest rates if the economy looks like it is softening. And we could make a trade deal with China. These could be the pleasant surprises of 2019,” he says.
