The 2022 third quarter Heavy Civil Construction Index reports expectations for future industry contraction, falling to 48.4 from 57.7. This is the second time since the index started (Q1 2018) that it has dipped below 50, suggesting contraction. Though expectations for the U.S. economy and the respondents’ local economies were strongly negative, outlooks on the overall health of their […]
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The second quarter Heavy Civil Construction Index showed improvement and marked its fifth consecutive quarter of forecasting future industry expansion.
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The first quarter 2022 Heavy Civil Construction Index showed increased optimism, climbing to 55.4 from 51.7 in the fourth quarter of 2021. This marks a full year of expansionary reporting and is a sign of strength after last quarter’s moderate decline. Every component of the index showed improvement except cost of labor, which, alongside cost of materials, continues to weigh heavily on the index.
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The Heavy Civil Construction Index (HCCI) ended its yearlong streak of upward movement going into the fourth quarter of 2021, retreating from 58.2 to 51.7.
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The 2021 Heavy Civil Construction Index: Third Quarter Report continues its upward trend for the fourth consecutive quarter, improving from 55.8 in the second quarter to 58.2. The index again features a score greater than 50, which suggests forthcoming industry expansion.
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Heavy civil contractors are feeling optimistic for the first time in a year, according to FMI’s second quarter 2021 Heavy Civil Construction Index (HCCI). Download your copy of the index and learn more about how heavy civil contractors feel about the state of the industry.
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Take some of the uncertainty out of your 2021 planning with insights from FMI's first quarter Heavy Civil Index (HCCI). Download the report for our 2020 year-end and first quarter 2021 forecasts for the sector.
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The fourth quarter 2020 Heavy Civil Construction Index (HCCI) increased from 34.9 to 43.3, buoyed by a positive outlook on the economy and increasing confidence in the construction industry.
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