Industry Analysis & Industry Trends
The Municipal Building Construction industry has grown slowly since over the past five years. However, the federal government's 2009 stimulus created a boom in publicly funded construction, largely in the education market. These contracts, included both new building construction, benefiting larger general contractors, and smaller-scale renovation and repair projects, which helped buoy smaller firms. This growth is expected to continue over the next five years... purchase to read more
Industry Report - Industry Investment Chapter
The Municipal Building Construction industry has a low level of capital intensity, with capital investment mostly limited to office furniture, computer equipment and software. Industry services are rendered primarily by skilled employees like project managers, who use no heavy equipment. As such, in-house wage costs (and labour payments made to subcontractors) vastly outweigh depreciation costs in the industry.
In 2013, IBISWorld estimates that the average operator spends $0.11 in capital investment for every $1.00 spent on labour costs. This investment level is unchanged from 2009, when the average general contractor spent the same amount... purchase to read more