Industry Indices
FMI Indices: Fourth Quarter 2025
In a diffusion index where scores are above 50 the reading represents improving or expanding industry conditions. Scores below 50 represent worse conditions from the prior month or quarter (industry contraction). A score of 50 represents industry conditions remaining the same.
Nonresidential Construction Index (NRCI)
The fourth quarter NRCI fell to 47.9 from 49.8 in the third quarter.
2025 North American Engineering and Construction Outlook: Fourth Quarter
Civil Infrastructure Construction Index (CICI)
The fourth quarter CICI declined slightly to 50.6 from 50.8 in the prior quarter.
Civil Infrastructure Construction Index: Fourth Quarter