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The construction industry has been outperforming the overall economy in most parts of the country lately in terms of spending and job growth. But many observers are worried the industry is running out of workers capable of finishing projects already on the books, let alone take on new work. Others say the boom times are ending, or soon will, for several important segments of construction. Will the industry continue to thrive over the coming year, or is it about to take a dive? How can this information help Business Development professionals working in the construction industry prepare and help their companies or clients get ahead?
This lively, information-packed WebEd is offered in partnership with the Associated General Contractors of America (AGCA) Business Development Forum and the Society for Marketing Professional Services (SMPS) to provide construction industry leaders and Business Development professionals with construction market predictions from Ken Simonson, Chief Economist for AGCA. Introducing Mr. Simonson will be AGCA Business Development Forum Chair, Michael Trettel of Joseph B. Fay Company, and Michael Geary, CEO of SMPS.
Society for Marketing Professional Services
Michael V. Geary, CAE, is serving as the Chief Executive Officer of the Society for Marketing Professional Services. Founded in 1973, SMPS is the only organization dedicated to creating business opportunities in the architecture, construction, and engineering industries thru a network of nearly 7,000 marketing and business development professionals. Prior to joining SMPS, Michael served as the President & CEO of AmericanHort and the Horticultural Research Institute, respectively the trade association and foundation for the horticulture industry, and concurrently as the Executive Director of the Ohio Produce Growers & Marketers Association and the Nursery & Landscape Association Executives of North America. He has more than twent-five years of association management and organizational development experience, and earlier served as Executive Director of the independent American Institute of Architecture Students, and in senior staff positions for the National Association of Home Builders, The Delta Chi Fraternity and the North American Interfraternity Conference. He is a graduate of the University of Florida and earned the designation of Certified Association Executive (CAE) from the American Society of Association Executives in 2000.
Director of Business Development, Chair of the AGC Business Development Forum
Joseph B. Fay Company, an i+iconUSA Company
Michael currently serves as Director of Business Development for Joseph B Fay Company, a highly accomplished creator of safe and innovative infrastructure solutions operating in the Northeast, Mid-Atlantic, and Mid-West regions with core competencies in the energy, industrial, ports and waterways, and transportation markets. In this position, he is responsible for the coordination of the company's client and business development efforts as well as the oversight of select projects, programs, and proposals.
The Associated General Contractors of America
Ken Simonson has been the chief economist of the Associated General Contractors of America, the leading trade association for the construction industry, since 2001. His weekly summary of economic news relevant to construction, The Data DIGest, goes to 47,000 subscribers. He is a Fellow and past president of the National Association for Business Economics, the professional organization for individuals who use economics in their work. Currently, he serves as an appointed member of the Census Scientific Advisory Committee and the Bureau of Labor Statistics’ Data Users Advisory Committee. Ken has 40 years of experience analyzing, advocating and communicating about economic and tax issues. He received a BA in economics from the University of Chicago and an MA in economics from Northwestern University.
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