@Risk

Has the construction industry weathered the global economic crisis?

Recent research suggests that it has. In fact, almost two-thirds (64 percent) of construction industry executives expect to either increase or at least maintain their firms’ profit levels by mid-2010, according to the Global Construction Survey 2009 by KPMG.

The 32-page report, Navigating the storm; Charting a path to recovery, was compiled based on face-to-face interviews in mid-2009 with 108 senior leaders from top engineering and construction companies in 30 different countries. Taken as a whole, the results reveal a surprisingly optimistic outlook for the new year, and they also uncover an interesting new trend: (more…)