The Top 400 Contractrors | ENR: Engineering News Record | McGraw-Hill Construction
The Top 400 Contractrors | ENR: Engineering News Record | McGraw-Hill Construction: “For the past year, construction firms have been searching for signs that the recession, which began over two years ago, was abating. Those signs continue to be few and far between. So the largest U.S. contractors now are settling into a waiting game, scrambling to increase their market shares, moving into new markets and taking a good look at how they do business to make sure that, when the market does rebound, they are ready.
The Top 400 Contractors List
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The depth of the downturn can be seen in the survey data supplied by the ENR Top 400 Contractors. The Top 400, as a group, generated $290.63 billion in revenue in 2009, down 14.1%, from $338.38 billion, in 2008. While international contracting revenue fell only 2.5%, to $55.58 billion, for the group in 2009, domestic contracting revenue was off by 16.5%, to $235.05 billion.
The falloff in revenue was not limited to a few large firms. Of the 374 contractors on this year’s Top 400 that also sent in surveys last year, 291 suffered declining revenue, while only 80 had revenue increases. Of last year’s Top 100, nine contractors saw revenue increases, 88 had lower revenue, and three did not participate in the survey.”
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