Finding Growth in a Shifting Construction Market

In this Contractor Outlook™ episode, Heidi J. Ellsworth talks with Paul Trombitas, partner at FMI, about what the latest construction outlook means for contractors navigating an uncertain market. Drawing from the 2026 Q2 North America Construction and Engineering Outlook Report, Paul breaks down why the industry is still positioned for growth, driven by power infrastructure, data center demand and steady nonresidential activity, while residential sectors show signs of improvement ahead. He also offers a reality check on headline megaprojects, explaining why they may not deliver widespread opportunity for most contractors. With perspective on shifting healthcare construction, solid backlogs and cautious sentiment, this episode helps contractors identify where real opportunities are emerging and how to plan for sustainable growth.

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