To be successful in 2015 and beyond, A/E, and construction firms need real data that provides vital clarity and visibility on where market conditions are going and where firm needs to be to capitalize on the opportunities that lie ahead.
When market trends change (either positively or negatively), this is observed first as a change in the number of available proposal opportunities. These changes in proposal opportunities later become changes in backlog, revenues and cash flow. PSMJ’s Quarterly Market Forecast report tracks these indicators and present them in a quarterly update.
The data in this latest report was collected from A/E firm leaders asking their position, opinion, and outlook as of Q2, 2015. It also provides new data illustrating the current “hot” markets in terms of increasing proposal activity. Increasing proposal activity generally indicates a good growth market, and thus the greatest opportunity for firms looking to grow.
Based on the data collected for this report, the “hot” market segments represent the areas that have the highest portion of firms indicating that proposal activity is increasing. More specifically, we have drilled into what specific submarkets appear to be showing the strongest proposal activity. For this Q2 report, the ten “hottest” market segments are:
Of course, many other markets are also reporting positive growth of proposals. For more detailed information, download a complimentary copy of PSMJ’s Quarterly Market Forecast.