FMI Nonresidential Construction Index (NRCI) Reverses Course, Gains 5.6 Points in the First Quarter 2017
March 2nd, 2017 The FMI NRCI gained 5.6 points in the first quarter with almost every component of the NRCI Index moving in the positive direction. This result for the beginning of 2017 is welcome, as many have been expecting a slower economy. That expectation seemed to be only based on the idea that it has been good for so long, it must go down. The fact that material and labor costs continue…