FIDIC-EFCA 2016 Survey
For the FIDIC-EFCA Sonsulting Engineering Industry Survey (website), a preliminary note covering most of the survey elements for the 14 largest European Union (EU) economies has been released for comment (PDF).
The note explains in more detail than hitherto the survey methodology. The survey forecasts the demand for consulting engineering services by benchmarking fees earned from investments to the supply of services estimated from national accounts' Supply-Use Tables.
In the case of the 14 EU countries surveyed so far, the demand is stable but forecast to grow in 2016 at only about-one half of the historic rate for the period 2010-15 following the collapse of demand in 2008-9.