Except for the hint of a slight decline indicated at mid-year, commercial, industrial and institutional building activity continues at a steady pace, according to the Nonresidential Construction Index Report (NRCI) for Q3 2015 from leading management consultant FMI, and reflecting sentiments of construction executives nationwide.
Tag: NRCI
Index affirms strong underpinnings for nonresidential market
Sources: FMI Corp., Raleigh, N.C.; CP staff
Except for the hint of a slight decline indicated at mid-year, commercial, industrial and institutional building activity continues at a steady pace, according to the Nonresidential Construction Index Report (NRCI) for Q3 2015. Prepared by management consultant FMI, the index reflects sentiments of construction executives nationwide.
Read MoreConstruction index: Nonresidential work unhampered by labor pinch, rising costs
The nonresidential construction sector continues to grow at a solid pace, reflecting 18 months of improving activity despite rising construction materials and labor costs, along with a slight decline in regional economies where most activity is taking place, according to the Nonresidential Construction Index Report (NRCI) for Q2 2015 from Raleigh, N.C., management consultant FMI.
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