In the News

FMI Nonresidential Construction Index (NRCI) Down in the First Quarter 2016: Expectations for a Slowing Economy

Raleigh, NC, February 18, 2016 The NRCI index for the first quarter 2016 dropped 3.9 points to 55.6. That is the third consecutive quarter that the NRCI has dropped since reaching 64.9 in the second quarter of 2015. An index number of 55.6 by itself is an indication of growth, albeit slower growth. The last time the NRCI was in that range was the fourth quarter of 2012, and the index began to…

FMI Revises 2015 Construction Growth Upward to 6 Percent Manufacturing, Lodging, Office, and Amusement and Recreation among Top Growing Sectors

Raleigh, NC January 13, 2016 – FMI reports that construction put in place will exceed earlier forecasts to end the year up around 10%. Construction growth will slow to 8% in 2016, but will still be well ahead of GDP according to the Q4 FMI Construction Outlook released today. Construction in 2016 is expected to reach $1.14 trillion in 2016, the highest total since 2007, unadjusted for…

FMI Nonresidential Construction Index (NRCI) Down in the First Quarter 2016: Expectations for a Slowing Economy

FMI Revises 2015 Construction Growth Upward to 6 Percent Manufacturing, Lodging, Office, and Amusement and Recreation among Top Growing Sectors