Dive Brief:

• It says something about how much multifamily residential construction has fueled the recovery when industry consultant FMI says it expects growth in that sector will fall from 2013's pace and still be 27% this year.
• In its first quarterly look at the year, FMI says it expects 18% growth in single-family building, and the company believes investors are willing to get back into commercial construction and will fuel 7% growth.
• Transportation will see 7% growth, FMI said, and it said President Obama's budget proposal for surface transportation foreshadows a "bright future" for the sector, though many states and contractors are focused now on the impending emptiness of the Highway Transportation Fund later this year.

Dive Insight:

Looking at the big picture, FMI said it sees an 8% increase this year in the total dollar value of construction put in place. The company predicted growth in 2014 in all eight of the construction industry sectors it ranks, including education "moving back into the growth mode."