New Survey: ‘Global Optimism’ from Construction CEOs
KPMG, the international firm that provides audit, tax and advisory services, has released its 2013 Global Construction Survey. It concludes that the industry is in better shape than it was in 2008. According to an article on the KPMG website, the optimism stems from rising backlogs and healthy margins. What’s more, Geno Armstrong, Global Chair for Engineering and Construction and a principal with KPMG in the US, explains, “A higher level of confidence in the Americas, demonstrated by large margin growth, is an indication of greater efficiency and cost management.” Executives from 165 construction and engineering companies were interviewed for the study.
