FMI Nonresidential Construction Index Rises

Nov. 21, 2014 – FMI’s Nonresidential Construction Index (NRCI) shows a slight increase from 62.5 in the third quarter to 62.8 in the fourth quarter of 2014. This is nearly 5.5 points ahead of fourth quarter 2013. An NRCI greater than 50 indicates improvement or expansion. There are many good reasons for optimism by NRCI survey respondents this quarter. The top-three are:…

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