Slide in Productivity Has Construction Execs Concerned

Productivity and profit margins will be key to sustained growth in the construction sector. That’s according to the 2013 Fourth Quarter Nonresidential Construction Index report. The research from FMI, a provider of management consulting and investment banking services to the engineering and construction industry, suggests that productivity continues to decrease. “The 48.6 score is at its lowest since the second quarter of 2008.”  As Duane Craig writes on, construction firms that are making headway in the productivity arena say their progress is due to improved processes and new technologies.

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