When industry consultant FMI released its 2013 U.S. Markets Construction Overview just before last November’s election, it was with the idea that Republicans could control both houses of Congress. That Mitt Romney and not Barack Obama would be taking the presidential oath of office this month also appeared to be a real possibility at the time.
Yet even though its report suggested that Obamacare could be dismantled this year by a new Congress and administration, FMI was forecasting double-digit growth in health-care construction spending through 2015. Since health care probably would have felt the most impact from change in Washington, it’s a good place to start to look at what FMI predicts in construction sectors this year.