FMI, provider of management consulting and investment banking to the engineering and construction industry, announced the release of its 2012 first quarter Nonresidential Construction Index (NRCI) report. The NRCI gained 7.8 points over last quarter to 58.1 this quarter.
The American Institute of Architects (AIA) has announced that its Architecture Billings Index (ABI) has now reached positive territory three months in a row. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to 12 month lag time between architecture billings and construction spending.
The Magnalight LM-16 telescoping light tower is capable of lifting lighting and electrical equipment to heights of 9 to 16 feet. Designed to safely and quickly elevate cameras, lights, speakers, and other similar equipment, the light tower can be easily deployed by a single person and mounted to a variety of platforms.
How did the economy fare in 2011? What will it do in 2012? These questions are tricky to answer, but as contractors prepare their business strategies for the coming year, many are looking to numbers and forecasts for direction.
Construction spending increased by 0.2 percent between August and September but was down 1.3 percent compared to September 2010, the Associated General Contractors of America (AGC) reported in an analysis of new Census Bureau data.
Dexter + Chaney has announced the creation of a new business unit — the Dexter + Chaney Operations Group — which will supply new construction software platforms and applications to those involved in construction operations across all phases of the project lifecycle.
The TA Series split case pumps are now available with performance from 60-6,000 gpm. The modular construction of the pumps provides for the use of multiple seal options, and is ideal for application flexibility and simplified maintenance, the company says.