Nonresidential Construction Index Drops
- Published: Monday, 02 December 2013 17:58
- Written by Mark Kuhar
December 2, 2013 - FMI’s 2013 Fourth Quarter Nonresidential Construction Index (NRCI) shows a 2.9 point drop in to 57.4. However, the score is still ahead of fourth quarter 2012 by 1.9 points. An NRCI of more than 50 indicates growth therefore the fourth quarter score still indicates modest improvement in the industry.